Suppose there are 70 million people in the labor force, out of which 60 million are employed, then the unemployment rate is: 14.28%.
An unemployed person is someone who does not have a job but is actively looking for one. Employed or Not Employed? You are employed part-time. If you work as a student, the university cafeteria is employed.
Labor force participation rate = (labor force/working age population) x 100 where labor force = employment + unemployment. To solve this problem, we need to know the number of people employed, the number of job seekers, and the working age population.
Learn more about the labor force at
brainly.com/question/24939447
#SPJ4
Answer:
d. aggregate demand applies to all goods and market demand applies to a specific good.
Explanation:
Market demand is to the quantities of a good or service that customers are able and willing to buy at a given period at a specific price. The focus is on a single product.
Market demand is in the microeconomics category. It addresses the quantities of a product that customers are willing to buy from the market at a specific price. In determining market demand, price is a critical consideration.
Aggregate demand is the total spending by the economy on goods and services at alternative prices over a given period. The consideration is for the entire country.
Aggregate demand represents the macroeconomic conditions of the country. In the long run, aggregate demand is the GDP of an economy. GDP is the total amount of goods and services produced in a country, while Aggregate demand is the demand for those goods and services.
.
Answer:
True
Explanation:
Protectionism refers to barrier on import products by restricting products from the foreign market. it can be achieved by putting heavy taxes on imports or implying strict regulation on import products.
it is not a fixed approach it is done when a country decides to go strong in the manufacturing field or want to strengthen its domestic industries by giving subsidy for setting up industries.
Answer:
c. protect lessees against lessors who abuse leased assets.
Explanation:
The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.
The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.
Correct option is A. The best definition of the capability of a process is how well the input of a process satisfies the customer of the process.
<h3>What is the purpose of process capability analysis?</h3>
To determine how well a certain process complies with a set of specification restrictions, a set of techniques called process capability analysis is utilized. In other words, it assesses the effectiveness of a procedure.
In actuality, it compares the distribution of sample values—representing the output of the process—against the specification limits, or the upper and lower bounds of what we aim to achieve. It may also be compared to a specification target.
Process capacity indices are frequently used to describe a process's capabilities. Depending on your analytical needs, you could calculate one or more of the several process capability indices. However, in order to compute any process capacity indices, you must first presume that your process is stable.
To learn more about process capability analysis from given link
brainly.com/question/20396505
#SPJ4
