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stich3 [128]
4 years ago
14

Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. W

hat is its unemployment rate?
Business
2 answers:
Daniel [21]4 years ago
5 0
<h3>In the given scenario unemployment rate is 10% </h3>

Explanation:

In the given problem,

Number of People who are working is 90,000

Number of People who are not working but looking and available is 10,000

Unemployment rate = Percentage of the total labor force that is unemployed but actively looking for employment and ready to  work.  

Unemployment rate = ((Unemployed people * 100) / (Total people in an economy (Working + Available for work)))

Unemployment rate = ((10000 * 100) / (90000+10000))

Unemployment rate = (1000000 / 100000)

Hence, Unemployment rate = 10%

cupoosta [38]4 years ago
3 0

The rate of the unemployment in this case is 10%.

<u>Explanation:</u>

The unemployment rate is estimated by dividing the economically active unemployed populace looking for business divided by the complete financially active populace.

In this case, it is calculated by dividing the number of people who are not working which is 10000 with the addition of number of people working and number of people looking for job. This comes out to be 10% which is the unemployment rate.

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Economic integration is a process of eliminating restrictions on international trade, payments, and factor mobility. Economic in
valina [46]

Answer:

True

Explanation:

Economic integration refers to an agreement between countries to eliminate trade barriers and coordinate their monetary policies. The integration allows to reduce trade costs, more employment opportunities as there is mobility and market expansion. Usually, this is considered a regional trading arrangement as it tends to be between neighboring countries. An example of a economic integration is the European Union. According to  this, the statement is true.

4 0
3 years ago
What is fiat​ money?
Neporo4naja [7]

a) - money issued by the financial intermediaries such as banks but not the central bank

4 0
3 years ago
Seth Silver had the following items of income during the taxable year: Interest income from a checking account $1,000 Interest i
34kurt

Answer:

c. $3,800

Explanation:

Calculation for the amount of taxable income

Using this formula

Taxable income =Interest income from a checking account+Interest income from corporate bonds +Interest income from federal bonds

Let plug in the formula

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Taxable income=$3,800

Therefore on his current year tax return the amount of his taxable income will be $3,800

6 0
3 years ago
The following selected account balances appeared on the financial statements of Washington Company:
torisob [31]

Answer:

The net Cash collections from customers were $85683.

Explanation:

The direct method for calculating net cash flow involves deducting from cash sales only operating expenses that needed cash.

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The net Cash collections from customers were $85683.

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3 years ago
What is the most likely illegal scheme to evade estate taxes?
nata0808 [166]
I belive this is Undervaluing asserts.
hope this helps!
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