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iris [78.8K]
3 years ago
12

If the number of people classified as unemployed is 50,000 and the number of people classified as employed is 250,000, what is t

he unemployment rate?
Business
2 answers:
Liula [17]3 years ago
5 0
Based on the given values above, it is said that there are 50,000 people who are unemployed and 250,000 are employed. This means that the total number of people basing on these numbers is 300,000. So we just have to divide 50,000 by 300,000 and we get 0.17. Therefore, the unemployment rate is 17%. Hope this helps.
a_sh-v [17]3 years ago
5 0

16.17 percent is the answer on gradpoint

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Alexxandr [17]

Answer:

It would fall

Explanation:

The unemployment rate measures the amount of people who are out of a job for at least 4 weeks, and are actively seeking to find a new job. If a person is not willing or able to search for a job, he/she is not considered unemployed nor part of the labor force.

If unemployed people just quit looking for jobs, the unemployment will decrease even though the number of people who are out a job increases. This happens because as soon as someone quits looking for new job, they are not considered unemployed anymore.

6 0
3 years ago
Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 4% of credit sales will
OverLord2011 [107]

Answer:

$3760

Explanation:

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8 0
2 years ago
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MA_775_DIABLO [31]

Answer:

d. operations management.

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3 years ago
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liubo4ka [24]

Answer:

the opportunity cost of producing a good is constant as more and more of that good is produced

Explanation:

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3 years ago
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consumer reports

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2 years ago
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