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My name is Ann [436]
2 years ago
8

"The Bureau of Labor Statistics reported in 2005 that there were 50.40 million people over age 25 whose highest level of educati

on was some college or an associate degree, 33.86 million of whom were employed and 1.27 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?"
Business
1 answer:
stepladder [879]2 years ago
3 0

Answer:

natural rate of unemployment 3.6%

labour force participation rate 69.7%

Explanation:

natural\ rate\ of\ unemployment = \frac{no\ of\ unemployed}{total\ labor\ force} * 100

from the data given in the question we have

employed = 33.86 million = 33860000

unemployed = 1.27 million = 1270000

therefore we have natural rate of unemployment

=\frac{1270000}{33860000} * 100 = 3.6%

labour force participation rate is calculated as

labour force participation rate = \frac{labour\ force}{adult\ population}

labor force = employed + unemployed labor = 33.86 +1.27 = 35.13 million

= 35130000 / 50400000 = 69.7%

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In the nation of Ruva, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillion. Taxes are $1
ELEN [110]

Answer:

Private Savings = $4 Trillion

Explanation:

Given that

GDP = Y = 15 Trillion

Taxes = T = 1 trillion

Consumption = C = 10 trillion

Recall that

Private Savings = Y - T - C

Therefore,

Private savings = 15 - 1 - 10

= $ 4 Trillion

6 0
3 years ago
I need help!!
borishaifa [10]

Answer:

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Explanation:

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4 0
2 years ago
Which of the following is an organizational factor that increases illegitimate political behavior?
Akimi4 [234]

Answer:

B) high trust zero-sum reward practice

Explanation:

Zero sum reward practices are generally not that successful since usually only a few are benefited while several people are left out of the benefits, or lose. If someone gains a benefit at the expense of others, it will always cause friction within the organization. That friction can lead to illegitimate political behavior, which is behavior that breaks implied rules. The regular "losers" in zero sum reward practices may be tempted to break the rules or cheat in order to obtain the benefits.

For example, if the same person is always selected as the employee of the month, his/her "losing" coworkers may start to sabotage his/her work.

4 0
3 years ago
Why do interest groups form political action committees (pacs)? pacs are formed to influence government policies. pacs are forme
schepotkina [342]
C) PAC<span>s are formed by interest groups to donate campaign funds and support political candidates.

Political Action Committees are committees organized to donate money for a candidate's campaign. Interest groups usually support certain candidates in return for policies that will benefit the people apart of that interest group. To support the candidate, they form or join PACs in order to donate money to get that candidate elected.</span><span />
5 0
3 years ago
Amy, a baker, has found her dream home, but cannot afford the down payment. Amy’s brother agrees to loan her $3000 for the down
Kitty [74]

Answer:

$0 because an agreement to accept different performance in lieu of full payment of liquidated debt is binding.

Explanation:

Since there is an agreement between Amy, a baker, and her brother, she owes him $0.

At first, Amy gets a loan of $3,000 from her brother to pay for her dream home. She agrees to pay him back in one year, and that agreement was binding. During the time to pay back the loan, Amy offers to bake her brother's wedding cake instead of paying back the loan and her brother accepts. This has presented a new agreement that overrules the previous agreement. Now instead of paying back the $3,000, she would bake a wedding cake for him. This implies that the wedding cake is equal to $3,000.

Therefore, she owes him $0.

4 0
3 years ago
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