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Nadya [2.5K]
4 years ago
11

Consider the following dialog between Rina, an economics student who currently studies macroeconomics, and Yvette, her teaching

assistant.RINA: Hi Yvette, I'm working on my Aplia homework and realized that I do not understand the definition of the labor force very well. Does it include discouraged workers?YVETTE: Hi Rina, the conventional definition of the labor force (includes OR excludes) discouraged workers. This is because they (gave up looking for jobs OR are currently working). Also, be sure not to mistake discouraged workers for part-time workers. The key difference is that the latter (are too educated to find suitable jobs OR are too educated to jfind suitable jobs. OR cannot find suitable full-time jobs OR are temporarily laid off from their jobs OR quit looking for suitable full-time jobs) .RINA: I think I understand it now, thank you.YVETTE: Let me ask you a question to see if you can apply your knowledge. Consider an economy with 20 full-time workers, 16 part-time workers, 10 workers who have been laid off but are actively looking for a new job, and 3 formerly full-time workers who have been without a job for over a year, failed to find any, and gave up looking. Can you please calculate the total labor force and the unemployment rate for this economy?RINA: The total labor force ___________ isworkers and the unemployment rate is _____%.
Business
1 answer:
Westkost [7]4 years ago
4 0

Answer:

dont realy know plz dont report

Explanation:

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Between 1870 and 1900, the number of children younger than 16 working for wages rose from 700,000 to
zalisa [80]

Not only hazard but child labor rise steeply. Between 1870 and 1900 the number of children – typically under 16 and paid a portion of what adults made – grow from 700,000 to over 1.7 million. But why industrial workplaces were so unsafe because there were insufficient laws that required welfare be measured in the workplace, so most bosses decided that it was needless to implement preemptive measures.

4 0
3 years ago
Jane's Donut Co. borrowed $198,000 on January 1, 2018, and signed a two-year note bearing interest at 14%. Interest is payable i
Virty [35]

Answer:

$27,720

Explanation:

The computation of the interest expense

= Principal amount × rate of interest × number of months ÷ (total number of months in a year)  

= $198,000 × 14% × (12 months ÷ 12 months)

= $27,720

Basically we applied the simple interest formula to determine the interest expense and the borrowed amount is taken on January 1, 2018 and the interest expense should be reported on December 31, 2018 that comprises of 12 months

7 0
3 years ago
After playing two football​ games, a professional football​ team's defense had given up an average of 28 points per game. After
GaryK [48]

Answer:

In the third football game, the team's defense give up 10 points.

Explanation:

In two games, team has given up average of 28 points per game.

So, total points given up in two games is:

= (28 × 2)

= 56 points.

In three games, team has given up average of 22 points per game.

So, total points given up in three games is:

= (22 × 3)

= 66 points.

Points given up in third game:

= Total points given up in 3 games - Total points given up in 2 games

= 66 points - 56 points

= 10 points

So,

In the third football game, the team's defense give up 10 points.

5 0
3 years ago
Corny and sweet grows and sells sweet corn at its roadside produce stand. the selling price per dozen is​ $3.75, variable costs
shepuryov [24]
Breakeven point in units=
Fixed cost÷[selling price-variable cost]

Breakeven point in units
=750÷(3.75−1.25)
=300 units
3 0
4 years ago
Greece and Portugal have different wage rates, tax regimes, and business cycles. The two countries have also reacted differently
eimsori [14]

Answer:

The correct answer is letter "D": optimal currency area.

Explanation:

An Optimal Currency Area or OCA refers to a region that allows the establishment of a common currency for different countries that have similar economic patterns allowing them to set similar macroeconomic policies. The objective is the integration of those economies promoting growth and currency stability.

However, <em>economic hardship in Greece put block currencies such as the euro at risk since it unbalanced the Euro weight in western Europe. The relatively recent United Kingdom auto exclusion of the European Union (EU) through the "Brexit" is also a sign that the European zone has many countries looking for different interests.</em>

4 0
3 years ago
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