The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.
<h3>How is the unemployment rate calculated?</h3>
The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.
People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.
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Noticing a cash embezzlement done by any colleague in work area then a personal ethics tend to be involved is loyal reporting to employer with quickly and decisively response.
<h3>What are Personal Ethics at work place?</h3>
Personal ethics refers to a person's moral principles and directs individuals in their decisions both inside and outside of the workplace.
Specific moral values will impact a person on how he/she will respond to a particular situations at work and how deal with it while advancing career.
Thus if a person find his or her colleague doing cash register manipulation contact immediately the team leader or any superior for the benefit of company.
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Answer:
Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people
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Explanation:
Answer:
Cake demand next year=1,267,498 units
Explanation:
Y=I+G
where;
Y=cake demand next year
I=initial demand
G=growth demand
Meaning;
Cake demand next year=Initial demand+growth demand
where;
Initial demand=1,207,141 units
growth demand=5% of initial demand
growth demand=(5/100)×1,207,141=60,357.05 units
replacing;
Cake demand next year=1,207,141+60,357.05=1,267,498.05
Cake demand next year=1,267,498.05 units rounded off to the nearest unit=1,267,498 units
Given:
<span>$500,000 beg. balance in retained earnings.
</span>$200,000 <span>net income for the year
</span>$1,000,000 <span>sales revenue
</span>$100,000 <span>dividends declared and paid by year-end
Retained earning is the amount left from net income after dividends have been paid. In the given data, sales revenue is not included in the Retained earnings report. It is reflected in the Income statement which generates the Net income.
Retained Earnings, beg. balance 500,000
Add: Net Income for the year <u> 200,000</u>
Total 700,000
Less: Dividends declared and paid this year <u> (100,000)</u>
Retained Earnings, end balance 600,000
</span>
