Answer:
Remain the same; remain the same.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
There are different measures used in the measurement of the unemployment rate in a country's economy and these includes;
A. U-1: this is the percentage of people that are unemployed for at least 15 weeks or more.
B. U-2: this is the percentage of the people who have lost their job or the people that finished a temporary job.
C. U-3: this is the percentage of the population that is unemployed but actively seeking employment.
All things being equal (ceteris paribus), the unemployment rate would remain the same and the labor force participation rate remain the same because Matilda has decided to cruise around the country on her motorcycle for a month before she starts looking for work.
I would say the inventory department.
Answer:
Buy 7% less houses
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income
Income elasticity of demand = percentage change in quantity demanded/ percentage change in income
1.40 = percentage change in quantity demanded/ 5%
Percentage change in quantity demanded = 1.4 × 5% = 7%
Because the coefficient of elasticity is greater than one, it means demand is income elastic. This means quantity demanded is responsive to changes in income. A fall in income would reduce the quantity demanded.
I hope my answer helps you
The very first thing that should be considered when it comes to the location of the gasoline station is its accessibility to the consumers. As a general guideline, it should be located approximately 500 ft from any public institution including churches, malls, schools, etc.
Answer:
The amount of equity Oanh have in her house is $300,000.
Explanation:
Equity can be described as the difference between the amount that is owed on a mortgage and the current worth of the home.
For this question, the amount of equity Oanh have in her house can be calculated as follows:
Loan amount = $160,000
Part of the loan paid = $60,000
Current worth of the house = $400,000
Amount owed = Loan amount - Part of the loan paid = $160,000 - $60,000 = $100,000
Equity = Current worth of the house - Amount owed = $400,000 - $100,000 = $300,000
Therefore, the amount of equity Oanh have in her house is $300,000.
