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2 years ago

Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.

Business

1 answer:

Alja [10]2 years ago

4 0

Answer and Explanation:

The computation of the official unemployment rate is shown below:

Official unemployment rate is

= Unemployed workers ÷ (Unemployed + employed) × 100

= 13,863,000 ÷ (13,863,000 + 139,323,000) × 100

= 9.05%

Now for the U-4 is

= (Unemployed workers + discouraged workers) ÷ (Unemployed + employed + discouraged workers) × 100

= (13,863,000 + $993,000) ÷ (13,863,000 + 139,323,000 + $993,000) × 100

= 9.64%

Therefore for exclduing the discouraged workers it may cause the offical rate to understate the underemployment true extent

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Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.

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2 years ago

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alexira [117]

The following scenarios would place a downward pressure on price:

.The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.
An outbreak of mad cow disease causes Americans to abstain from eating beef.
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The following scenarios would place a downward pressure on price:

An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

<h3>What would lead to either a upward or downward pressure on price?</h3>

There is an upward pressure on price if demand increases or supply reduces. There is a downward pressure on price if demand decreases or supply increases.

As a result of the slit, there would be an increase in the supply of cotton. This would lead to an downward pressure on price. The mad cow disease would lead people to demand less beef. This would lead to an downward pressure on price. The extreme weather would lead to people not coming for the game. This would lead to an downward pressure on price.

Due to the expectation of the holocaust, there would be an increased demand for twonkies. This would lead to an upward pressure on price.

Here is the complete question:

Decide whether each scenario would lead to upward or downward pressure on the equilibrium price for each good in bold font.

1.The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.

2.An outbreak of mad cow disease causes Americans to abstain from eating beef.

3. Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

4. An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

For more information about the change in demand, please check: brainly.com/question/25871620

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1 year ago

Costs and benefits that should be ignored when making decisions are called ______ costs and benefits.

miskamm [114]

The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.

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2 years ago

Read 2 more answers

The Huffman Tire Company has 3,000 tires in its inventory which are considered obsolete. Each unit originally cost the company $

bogdanovich [222]

Answer:

The correct answer is;

A $9,000 increase in profits (B)

Explanation:

This question is asking us to compare the net selling prices between selling to the current customers and selling to the car dealership, to determine if an increase or decrease in profit was made.

First of all, we have to calculate the net selling prices to the two group;

To the car dealership

price of 1 tire = $30

total number of tires = 3,000

Therefore total price of sales = 3000 × 30 = $90,000

To the current customers;

price of 1 tire = $45 - $10 rebate = $35

Number of tires = 3000

Therefore total selling price = 35 × 3000 = $105,000

Next, we are told that when they decide to sell to direct customers, the program would cost $24,000. This amount will be removed from the total selling price; Therefore net amount gotten from sales to customers

= $105,000 - $24,000 (cost of program) = $81,000

Now, comparing the prices of the two groups,

Total sale to car dealership = $90,000

Total sales to customers = $81,000

difference = 90,000 - 81,000 = $9,000.

If the company makes a decision to sell to the car dealership, they will make a $9,000 increase in profit (Option B), because the price in selling to the car dealership is higher than that in selling to the direct customers by $9,000.

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Zolol [24]

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