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Nastasia [14]
3 years ago
12

f the unemployment rate is 8 percent, this means: a. 8 percent of the population is unemployed. b. 8 percent of the population o

ver age 16 is unemployed. c. 8 percent of the labor force is unemployed. d. the number of unemployed persons equals 8 percent of the employed persons.
Business
1 answer:
hodyreva [135]3 years ago
3 0

Answer:

c. 8 percent of the labor force is unemployed.

Explanation:

<em>The Unemployment Rate measures the percentage of the total labor force that is unemployed while actively seeking employment during the previous month</em>. If the unemployment rate is 8 percent, this means 8 percent of the labor force is unemployed. That also means, <u>out of all the people actively seeking employment during the previous month, 8 percent are still unemployed or jobless.</u>

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An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.

<h3>What is inequality?</h3>

Inequality can be defined as the way in which  income or wealth are not distributed equally  in a society as some people earn more than others.

Hence, their is the presence of social inequality within a society if a  investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.

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5 0
2 years ago
Explain the importance of reconciling the bank at set dates
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Answer:

The goal of the bank reconciliation process is to find out if there are any differences between the two cash balances. ... A monthly reconciliation helps to catch and identify any unusual transactions that might be caused by fraud or accounting errors, especially if your business uses more than one bank account.

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3 years ago
Conduct research and create a 5 paragraph essay that explains how consumers can protect themselves from fraudulent and deceptive
snow_lady [41]

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Explanation:

Fraudulent practise are being on the increase in business now, as many want to imitate firms and make gains out of their products. The following are what consumers can look out for to help them against this fraudulent practise.

1) Do not call list; the producer would make available how they can be reached and would want the consumer to reach them by such ways.

2) Reading the fine print: the producer would always make available fine print on their products which distinguishes them from other's, the consumer is expected to take note of that.

3) Terms and conditions: although this can be imitated but the producer has a unique way they would do theirs which the consumer should be aware of.

4) Personal information disclosures: when considering services, there will be need for releasing personal information, the customer should verify who they release information to.

7 0
3 years ago
Natalia has just finished her law degree, but as she starts her job search, she realizes that there many lawyers practicing in h
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That means that she is going to have to work harder to be the best lawyer in the area, or move to an area with fewer lawyers
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4 years ago
Brulee Bakery produces both regular and vegan baked goods. Each quarter, the research and development department develops a reci
erastovalidia [21]

Answer: Product-level

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According to the given question, the Brulee bakery is basically producing the various types of vegan baked and the regular items and under the activity base costing the firm is basically developing the new vegan baked recipe.

Therefore, this type of process is basically refers as the product level activity.

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3 years ago
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