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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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lesantik [10]
You would want to use Real GDP because it looks at the inflation and deflation due to price "changes" over the years. Nominal GDP only looks at the current market of today's economy. So with this being said you only want to use Real GDP if your looking back at the economy's history, but you would look at Nominal GDP if you wanted to know the current economy status.
3 0
2 years ago
Allison engines corporation has established a target capital structure of 40 percent debt and 60 percent common equity. the firm
mariarad [96]

Answer: $100,000

Explanation: Allison engines corporation has a profit of $150,000 after Tax.

Rate of retained earning : 40%

Retained earnings : $150,000 × 40% = $60,000

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Break even point of retained earnings = Retained Earnings ÷ Percentage of equity in the capital

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6 0
3 years ago
Suppose that a new high school opens next to a popular fast food restaurant. Explain what will happen to the derived demand for
Tanya [424]

Answer:

the derived demands would most likely be increased.

Explanation:

When the new high school opened next to the fast food resturant i.e. popular so here it increased the consumers for that restaurant also the majority of the consumers would be the students only as it near by the school. Also the price should be cheap so that it can be easily afforded by the students

Therefore the derived demand should be likely to rise

3 0
2 years ago
list four strategies that individuals, families, businesses, and government apply when making financial decisions.
Agata [3.3K]

While making financial decision one should keep in mind the Cost-benefit analysis, marginal analysis, trade-offs, and opportunity costs.

<h3>What are the strategies for making better fianancial decision?</h3>

The success of your firm will depend on the wiser financial decisions you make, among other things. Financial errors can have devastating repercussions and seriously ruin your business venture. You must be familiar with your company's financial data in order to develop stronger financial decision-making techniques.

1. Consistently Use Reliable Accounts

2. Invest in financial education

3. Regularly compare cash flow forecasts to actuals

4. Ensure That Major Initiatives' Financial Impact Is Always Calculated

5. Have Your Team Participate In Decision-Making

6. Consistently monitor financial performance

Learn more about the Business finance with the help of the given link:

brainly.com/question/10024737

#SPJ4

6 0
1 year ago
In this type of budget, the master budget is based on a single prediction for sales volume, and the budgeted amount for each cos
SOVA2 [1]

Answer:

Fixed budget.

Explanation:

A fixed budget can be regarded as financial plan which is not been modified for any variations that could come up in actual activity. In most times some companies may have experience of substantial variations as regards their expected activity levels within the encompassed period of budget as well as the amounts in that budget. The budget cost allowances in a fixed budget for each cost item cannot be changed as regards the variable items. It should be noted that in Fixed budget the master budget is based on a single prediction for sales volume, and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur.

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3 years ago
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