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Fudgin [204]
3 years ago
10

Suppose the civilian non-institutional population equals 100,000 persons; the civilian labor force equals 75,000 persons; there

are 70,000 employed persons and 5,000 unemployed persons. If 5,000 persons who are currently "not in the labor force" decide to join the civilian labor force, and 3,000 of them are unemployed, then
Business
1 answer:
Llana [10]3 years ago
8 0

Answer:

the total labor force for the first part of the question = 75,000 and 5,000 are unemployed, therefore, the unemployment rate = 6.67%

if 5,000 more people enter the labor force, then the total labor force = 80,000 people. Out of the total, 8,000 are unemployed, therefore, total unemployment = 8,000 / 80,000 = 10%

on the other hand, the employment rate = total employed /  total population will also increase. The original employment rate = 70,000 / 100,000 = 70%

Then as 2,000 more people were employed, the employment rate increased to 72,000 / 100,000 = 72%

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Give an example of one good or service produced in the United States using the command model. Justify your example using content
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What poster are you referring to? There’s nothing there but the question

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3 years ago
If the number of demanders for electric cars increases at the same time as the number of suppliers of electric cars increases, w
Dmitriy789 [7]

Answer:

(A) The equilibrium quantity will increase.

Explanation:

An increase in demand and supply of electric cars would shift the demand and supply curves to the right.

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I hope my answer helps you

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3 years ago
The following data is obtained from the general records in the shipping department at Rapid Parcel Delivery Company for August:
solong [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

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3 0
3 years ago
TriStar Company, a small biotechnology firm, has borrowed $250,000 to purchase laboratory equipment for gene splicing. The loan
Komok [63]

Answer:

$54,078.85

Explanation:

This is a Time Value of Money question, We are required to find the Payment (Pmt) from the following given parameters :

Pv = $250,000

i = 8%

n = 6

P/yr = 1

Fv = $ 0

Pmt = ?

Pmt = <em>$54,078.85</em>

Therefore Payment per year is <em>$54,078.85</em> (using a financial calculator)

8 0
3 years ago
The Gorman Group issued $900,000 of 13% bonds on June 30, 2016, for $967,707. The bonds were dated on June 30 and mature on June
Charra [1.4K]

Answer:

cash      967,707 debit

  premium on BP      67,707 credit

  Bnds Payable     900,000 credit

interest expense 58062.42  debit

premium on BP 437.58       debit

       cash                     58500 credit

Explanation:

procceds 967,707

face value 900,000

premium on bonds payable 67,707

<em><u>first interest payment</u></em>

carrying value x market rate

967,707 x 0.06 = 58062.42

then cash outlay

face valeu x bond rate

900,000 x 0.065 = 58,500

the difference will be the amortization

8 0
3 years ago
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