1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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%

You might be interested in
Select all that apply Workplace diversity benefits:
padilas [110]
Workplace diversity benefits the employers

According to data, employers who have a wide diversity in their employees tend to :
- Have less discrimination lawsuit
- increased productivity
- and a more positive company image in the eyes of society
3 0
3 years ago
Read 2 more answers
A person invested $20,000 into two accounts that pays 2.5% and 3% simple interest annually, respectively. find the amount invest
denpristay [2]
Let:
x = amount in the account invested in 2.5%
20000 - x = amount in the account invested in 3%

Solution:
.025x + .03 (20000 - x) = 540
.025x + 600 - .03x = 540
-.005x + 600 = 540
-.005x = 540 - 600
-.005x = -60
x = 12000

Therefore, that person invests 12,000 at 2.5%
and
20,000 - 12,000 = 8,000 at 3%
8 0
3 years ago
Read 2 more answers
Phyllis invested $10,000, a portion earning a simple interest rate of 8 1 2 % per year and the rest earning a rate of 8% per yea
Vinil7 [7]
0.08x+0.085 (10000-x)=842.50
Solve for x
X= 1500 invested at 8%

10000-1500=8,500 at 8.5%
3 0
3 years ago
Identify how changes within an organization affect the OM strategy for a company. For​ instance, discuss what impact the followi
Ierofanga [76]

Answer:

a. Maturing of a product

When the product reaches its maturity stage, its sales volume reduces considerably. This would require different marketing strategies like product enhancement, price changing or developing new designs, etc.

b. Technology innovation in the manufacturing process

This will cause many changes in the strategy as technological innovation would reduce manual labor cost. Also, the organization would need skilled employees to deal with the new technology.

- Cost cutting is instituted.

- Product changes decrease.

- Design compromises are instituted.

- Labor Skills decrease

- Optimum capacity may be achieved

- Manufacturing process stabilizes

6 0
4 years ago
Z chooses a life income with 10 year period certain settlement option for the annuity Z owns. Z dies after 15 years of receiving
insens350 [35]

Answer: Nothing

Explanation:

From the question, we are informed that Z chooses a life income with 10 year period certain settlement option for the annuity Z owns and that Z dies after 15 years of receiving income benefit payments. Based on the above situation, Z's beneficiary receive will receive nothing.

This is because Z has already gotten the income benefits payment since it's for a 10 year period

3 0
3 years ago
Other questions:
  • Both managers and workers cite low managerial ethics as a major cause of american
    5·1 answer
  • Suppose the demand curve for a product is represented by a typical downward-sloping curve. Now suppose that the demand for this
    5·1 answer
  • Mike contracted with Kram Company, Mike's controlled corporation. Mike was a medical doctor and the contract provided that he wo
    10·1 answer
  • Attorneys' fees, entrance fees, train fares, and organization dues are all:_______
    11·1 answer
  • Vicki is an independent insurance agent who has seen little increase in her revenues over the last two years. Her main marketing
    10·1 answer
  • If each bank in the United States had to keep 100 percent of checkable deposits as reserves, each $1 the Federal goverment injec
    6·1 answer
  • All of the following statements are true regarding the periodic inventory system except Under the periodic system, a company use
    8·1 answer
  • What are some of the various potential sources for business credit? Give at least three examples
    10·1 answer
  • It is important to gather as many accounting metrics as possible because they have intrinsic value and do not need a context in
    9·1 answer
  • A bank has $50 million in assets, $47 million in liabilities and $3 million in shareholders' equity. If the duration of its liab
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!