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Pie
3 years ago
13

In 2015, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 148,834,000 were employed, 8,296,000 were u

nemployed, and 93,671,000 were not in the labor force. What is the adult population? 250,801,000 148,834,000 8,296,000 157,130,000 The size of the labor force is , and the labor force participation rate is . What is the unemployment rate? 59.6% 5.3% 5.6% 3.3%
Business
2 answers:
Naddika [18.5K]3 years ago
7 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

148,834,000 were employed, 8,296,000 were unemployed.93,671,000 were not in the labor force.

Labor force= 8,296,000+ 148,834,000= 157,130,000

Adul population= 157,130,000 + 93,671,000= 250,801,000

Labor force participation rate= 157,130,000/250,801,000= 62.65%

What is the unemployment rate?

Unemployment rate= unemployed people/ labor force= 5.28%= 5.3%

Tpy6a [65]3 years ago
5 0

Answer:

See explainations

Explanation:

Total population is sum of employed people plus unemployed people plus people that are not in the labour force, or 148,834,000 + 8,296,000 + 93,671,000 = 250,801,000.

Total adult population is sum of employed people plus unemployed people (assuming that non-adults contribute 100% to those that are not in the labour force), or 148,834,000 + 8,296,000 = 157,130,000.

Total labour force is sum of employed people plus unemployed people, or 157,130,000.

Labor force participation rate is Employed people/Total labour force = 148,834,000/157,130,000 = 94.7%

Unemployment rate is Unemployed people/Total labour force = 8,296,000/157,130,000 = 5.3%

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den301095 [7]

The correct statement is that the monthly payment of a loan of $3000 will be $104.11. The calculations obtained are not relevant with the options of the statement quoted above.

The calculations can be done by applying the values to the formula of compounded interest and then further multiplying the values obtained with the number of monthly payments.

<h3>Calculation of Compounded Monthly Payments </h3>

  • The formula to calculate compound interest is as below.

  • \rm Compounded\ Annuity= 3000(1+ \dfrac{0.075}{12})^1^2\ ^x\ ^3\\\\\\\rm Compounded\ Annuity= 3000(1+ 0.00625)^3^6\\\\\\\rm Compounded\ Annuity= $3754.11

  • The values obtained will now be derived into the following formula,

  • \rm Compounded\ Payments = \dfrac{Annuity}{No.\ of\ Monthly\ Payments}\\\\\\\rm Compounded\ Payments = \dfrac{3754.11}{36}

  • Continuing further,

  • \rm Compounded\ Payments= \$104.11

So, it is clear that the compounded monthly payments will be $104.11.

Hence, the monthly payment of loan for 36 months will be $104.11 which will be paid monthly at the rate of 7.5%.

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6 0
2 years ago
why is government intervention often crucial when dealing with both positive and negative externalities?
Dennis_Churaev [7]

Answer:

Because the government can use her sovereign power to both mitigate negative externalities as well as encourage positive externalities.

Explanation:

A positive externality occurs when the transaction between a producer and end user benefits a third party that did not take art in the process.

A very Good example is Education. There is a third party benefit to the society when we have more educated citizens.

A negative externality happens when the business transaction between a manufacturer and consumer affects a third party adversely. a typical example is cigarettes. When cigarettes is consumed by the end user, the smoke can affect the health of a third party that was not part of the initial transaction.

To deal with both positive and negative externalities, government intervention is very crucial.

Government encourages positive externalities like education by subsidizing the cost of attending a school. They also enact laws that make basic education compulsory.

In the case of negative externalities, Government can intervene with a ban on producing harmful goods and also set a legislation about smoking in public laces to mitigate  the health complications caused by third party inhalation.

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3 years ago
Prepare adjusting journal entries, as needed, for the following items. (If no entry is required for a transaction/event, select
Wewaii [24]

Answer:

Explanation:

The adjusting entries are shown below:

1. Supplies expense A/c Dr $370

       To supplies A/c                          $370

(Being supplies account is adjusted)

The supplies expense is computed by

= Supplies balance - supplies on hand

= $570 - $200

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2. Insurance expense A/c Dr $190

         To Prepaid Insurance                  $190

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          To Salaries payable A/c        $1,280

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The salaries expense is computed by

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3 years ago
You have determined that you will need to accumulate​ $1,000,000 in your retirement account in order to cover your inflation adj
spayn [35]

Answer:

$3,860 will be needed to put into a tax-deferred retirement account every year if you plan on retiring in 40 years

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P = Monthly Payment

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$1,000,000 = P x [ ( ( 1.08 )^40 ) - 1 ) / 0.08 ]

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3 years ago
Problem 8.20 Jenny Banks is interested in buying the stock of Fervan, Inc., which is increasing its dividends at a constant rate
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Answer:

a). The current value of this stock=$30.29

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Explanation:

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RRR=(EDP/SP)+DGW

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RRR=required rate of return

EDP=expected dividend payment

SP=share price

DGW=dividend growth rate

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RRR=17.15%=17.15/100=0.1715

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replacing in the original expression;

0.1715=(2.65/SP)+0.084

2.65/SP=0.1715-0.084

2.65/SP=0.0875

SP=2.65/0.0875=30.28571

The share price of the stock=$30.29

The current value of this stock=$30.29

b). Future value of stock

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where;

required rate of return=17.15%=17.15/100=0.1715

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replacing;

30.29×{(0.1715+1)^5)}

30.29×{1.1715^5}

The price of the stock in year 5=$66.84

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