Answer: 4. the national unemployment rate and the LFPR both go up
Explanation:
The National Unemployment Rate is a measure of people who are actively seeking work but are still not employed. Bill is actively seeking employment but does not have it and so is in this category. As a result of his inclusion, this rate increases.
The Labor Force Participation Rate (LFPR) is a measure of an economy's ACTIVE workforce.
It is calculated by dividing the number of all workers who are employed or ACTIVELY SEEKING employment divided by the total noninstitutionalized, civilian working-age population.
Bill also falls under this category and so his inclusion here also serves to increase this rate.
Answer:
city mileage standard deviation for this SUV model is 2.34 mpg
Explanation:
given data
mean = 15.2 mpg
company indicated SUV more than 17 mpg = 22 %
to find out
city mileage standard deviation
solution
we know here that
P(Z > 0.77) is = 0.22
so here z is
z = 0.77
and
we use here z-score formula that is
mean x = z × + ................1
so
= ( x - ) ÷ z ................2
put here value and we get
=
= 2.34
so city mileage standard deviation for this SUV model is 2.34 mpg
Answer:
a. Private Property Rights
b. Political Stability and Rule of Law
c. Open and Competitive Market
d. Private Property Rights
Explanation:
a. By defining private property Rights and giving people a chance to own resources, Individuals will strive to own more and more of such rights and so will produce as much as they can so as to afford such rights.
b. When a nation is Politically stable and respects the Rule of Law, investment payoffs are easier to predict than in a country where instability can threaten to degrade investments such that the payoffs will be lost. For example, think of all the Western firms that lost money when the Shah of Iran was overthrown by the Ayatollah.
c. Specialization is more likely to occur in nations with Open and Competitive Market. An Open Market means that goods can come in from the outside easily. This will have the effect of the country being able to import goods that cost a lot to produce locally and instead focus on producing those goods that they are well adept at producing. This is Specialization. Also as a result of competition, companies will strive to find better ways to make profit above competitors and come up with more efficient ways of Production as a result.
d. The Xiaogang Agreement refers to an agreement by farmers in Xiaogang to subdivide their lands in secret so that they would each own a small part of it. As a result, the farmers had an incentive to produce for themselves as they now owned resources that they could benefit from. This right to Private Property led to a huge boom in Agriculture.
C. Industry Description
Industry description should include information about the market, target customers, similar businesses, and future industry growth opportunities
<span>Cash advance fee:
2% of $200 = 0.02 * 200.00 = $4.00
One month's interest, if the interest is compounded monthly:
18% of $204.00, divided by 12 months/year = 0.18 * 204.00 / 12 = $3.06
Total paid:
$200 + $4 + $3.06 = $207.06
Paying directly with the card instead of borrowing cash would have saved the $4 charge and would also have reduced the interest from $3.06 to $3.00.
Paying directly with the card and then paying before the billing cycle would also save the $3.00.She would only have paid the original $200, saving the whole $7.04.
Effect of paying directly with the card and paying it off before the billing cycle: $200 total paid, saving $7.04 in fees and interest.</span>