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grandymaker [24]
3 years ago
15

Suppose a country using the United States' system of calculating official unemployment statistics has 100 million people, of who

m 50 million are working age. Of these 50 million, 20 million have jobs. Of the remainder: 10 million are actively searching for jobs; 10 million would like jobs but are not searching; and 10 million do not want jobs at all.
Q1: Refer to the information above. The labor force is
Q2: Refer to the information above. The labor force participation rate is
Q3: Refer to the information above. The official unemployment rate is
Business
1 answer:
allochka39001 [22]3 years ago
3 0

Answer:

a. 30 million

b. 60%

c. 33.33%

Explanation:

The computation is shown below:

a)  Labor force = employed + unemployed

= 20 million + 10 million

= 30 million

b)  Labor-force participation rate = Labor force ÷ Working age population

= 30 million ÷ 50 million

= 60%

c)   Official unemployment rate = unemployed ÷ labor force

= 10 million ÷ 30 million  

= 33.33%

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What are the five conditions that must exist for an exchange to occur?
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Answer:

Please check below for answer.

Explanation:

Exchange can be defined as the process of providing goods and services by an individual or organization, to meet the needs of customers in exchange for an amount of money.

Hence, the five conditions that must exist for an exchange to occur are;

1. There must be at least two parties involved.

2. Each party has something that might be of value to the other party.

3. Each party is capable of communication and delivery.

4. Each party is free to accept or reject the offer.

5. Each party believes it is appropriate or desirable to deal with the other party.

5 0
3 years ago
]the cycle in which money changed hands resulted in profits for businesses and salaries for workers.
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The cycle of money where it results to profits for business and salaries for workers are when we pay money for the services or things that we buy and this ends when we receive the items and services we need. Cash conversion is also another term for this cycle.    

7 0
3 years ago
If he earns 5 percent on his money, how much must he deposit at the start of his studies to be able to withdraw $9,000 a year fo
Yakvenalex [24]

Answer:

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6 0
3 years ago
What conflict of interest information must be made available by institutions on a public website or within five business days up
ZanzabumX [31]

Answer:

The financial conflicts of interest of senior or key personnel on PHS-funded projects.

Explanation:

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Hence, the right answer is The financial conflicts of interest of senior or key personnel on PHS-funded projects.

8 0
3 years ago
M1 and M2 are two definitions of the money supply.
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Answer: Please refer to Explanation

Explanation:

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M2 is the next type of of money. It includes EVERYTHING in M1 and then also includes savings deposits, time deposits, and money market funds.

Now,

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Traveler's check - M1 and M2

Balance in savings accounts - M2 only

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5 0
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