Answer: 76.3% and 2.4%
Explanation:
Labour force=40590000
Workingagepopulation=53230000
1. Labour Force Participation rate = Labour force / working age population *100
= 40590000/53230000 * 100
= 76.3%
2. Unemployment Rate
Unemployed = 980000
Employed = 40590000
= Unemployed/employed *100
= 980000/40590000 *100
= 2.4%
The correct answer is B) Doormart signed an agreement with Wallmart allowing both firms to engage in predatory pricing.
Wallmart is accused of predatory pricing by Doormart. Wallmart could defend itself against this accusation. The option that would not be one of their arguments would be "Doormart signed an agreement with Wallmart allowing both firms to engage in predatory pricing."
This option would be inconceivable because laws and regulations prohibit companies to sign an agreement that could be against the benefits of the American consumer. A situation like that could seem like an agreement "behind doors" that also hampers or hurts other competitors in the industry. Predatory pricing is an illegal practice aimed at eliminating other competitors in the market by setting very low prices. Something like this could create monopolies.
Answer: partnership, corporation and limited liability partnership
Answer:
Unemployment Rate for March and April:
March unemployment rate = Unemployed/Labor Force x 100 = (102-94)/102 x 100 = 8/102 x 100 = 7.8%
April unemployment rate = (102 - 94)/102 x 100 = 8/102 x 100 = 7.8%
Explanation:
a) The unemployed equals the Labor Force minus the employed.
b) In April, the unemployed did not increase from 8 million to 9 million because of the discouraged workers. It remained the same figure as in March.
Discouraged workers are those who are unemployed but have stopped looking for employment after a long time of unemployment, but would have preferred to be working. Since they stopped actively job-hunting, they are regarded as discouraged workers. They still want to work, but are unable to find work and as a result, decide to stop looking.