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gogolik [260]
3 years ago
8

A nation has a population of 300 million people. Of these, 80 million are retired, in the military, in institutions, or under si

xteen years old. There are 210 million who are employed and 10 million who are unemployed. What is the unemployment rate?
Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

Answer:

Unemployment rate = 4.55%

Explanation:

We know,

Unemployment rate = Number of unemployed people in a country ÷ Total labor force.

Given,

Number of unemployed people in a country = 10 million

Labor force = Number of unemployed people in a country + Number of employed people in a country

Therefore, Labor force = 10 million + 210 million = 220 million

Putting the values into the above formula, we can get,

Unemployment rate = (10 million ÷ 220 million) × 100

Unemployment rate = 0.04545 × 100

Unemployment rate = 4.55%

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Answer and Explanation:

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a. The variable cost per unit is

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The dominant strategy here is to study.

Dominant strategy is the best option for a player regardless of what the other players are doing.

the students prefers to study more and get an A or to study the same amount as other students and get a C. Her least preferred option is an F. Since she does not know the actions of the other students, are best option is to study

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Bank loans that are due in 18 months are over a year and so have to be considered long-term liabilities not current liabilities.

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