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Kay [80]
3 years ago
8

In an​ economy, the​ working-age population is 100 million. Of this​ total, 80.0 million workers are employed. 3.0 million worke

rs are unemployed. 14.0 million workers are not available for work​ (homemakers, full-time​ students, etc.). 2.0 million workers are available for work but are discouraged and thus are not seeking work. 1.0 million workers are available for work but are not currently seeking work due to transportation or childcare problems.
Business
1 answer:
denis-greek [22]3 years ago
6 0

Answer:

Unemployment rate = 3.6%

Explanation:

Unemployment is the number of people who are willing to work and are actively seeking work but are unable to find it. The unemployment rate is the unemployed / total number of people in the labor force x 100.

In the above scenario, the unemployed is 3 million people. The others are either already employed, unavailable, unwilling or not seeking work.

The labour force comprises of those who are employed and unemployed, that is 80million + 3million = 83 million.

Hence, unemployment rate = (3/83) x 100 = 3.6%

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Imagine you are the executive of a marketing company. Beginning this year, the company will begin conducting an in-house course
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Answer:

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Explanation:

6 0
3 years ago
Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers
postnew [5]

Answer and Explanation:

The computation of the effective annual rate in each of the following cases are

1.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 +0 .09 ÷ 4)^4 - 1

= 9.31%

2.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.16  ÷  12)^12-1

= 17.23%

3.

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.12 ÷ 365)^365-1

= 12.75%

4 .

Effective annual rate = [(e)^Annual percentage rate]-1

e=2.71828

So,

=[(2.71828)^0.11]-1

= 11.63%

4 0
3 years ago
Best Buy Co, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet fo
IRISSAK [1]

Answer

A)=1.47655 times

B)0.74 times

C)1.94 times

D)26.2 times

Explanation

The formulas and calculations are shown below:

1-A)the current ratio for Best Buy for its fiscal year ended January 28, 2017.

= Total Current assets ÷ total current liabilities=[10516 ÷ 7122]

=1.47655

1-B)the acid-test ratio for Best Buy for its fiscal year ended January 28, 2017 can be calculated below as

Quick assets = Cash and cash equivalents + short-term investments + Accounts receivable (net)

=2240 + 1681 + 1347=5268

the current liabilities = 7122

If we substitute the values into the above expresion, we have

=$ 5652 ÷ $7122

= 0.74 times

1-C.) the debt to equity ratio for Best Buy for its fiscal year ended January 28, 2017.

Debt equity ratio = (Total debt ÷ Shareholders’ Equity)

where,

Total debt = Total current liabilities + Long-term liabilities

Total current liabilities =$ 9147

the Shareholders’ equity is $4709

If we substitute the values we have,

$9147 ÷$ 4709

= 1.94 times

1-D. Calculate the times interest earned ratio for Best Buy for its fiscal year ended January 28, 2017 can be calculated as

Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)

Earnings before interest and taxes = Income before income tax + Interest expense + income tax expense

$1854 - $38 + $72

=$1888

Interest expense=$72

Then substitute into above expresion, we have

=$ 1888 ÷$ 72

= 26.2 times

6 0
3 years ago
An emerging market is?
aivan3 [116]

Answer:

a market located in an economy with low to middle per capita income.

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8 0
3 years ago
Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the marginal revenue for a product is MR = 1
n200080 [17]

Answer:

Profit 6,130

Explanation:

MC = 30X + 4

when X=5

Cost to produce 5 units:

We will need to calcualte the MC for 1, 2 , 3, 4 and 5 units and then add them together

MC = 30(5) + 4 = 150 + 4 = 154

MC = 30(4) + 4 = 150 + 4 = 124

MC = 30(3) + 4 = 150 + 4 =  94

MC = 30(2) + 4 = 150 + 4 =  64

MC = 30(1) + 4 = 150 + 4 =   34

Total                                   470

Giving this, now anther way, more easy would be to use the Gauss method to a summatory:

S=\frac{n\times(n+1)}{2}

S to 5 from 1 of (30x+4) =

30 \times \frac{5\times6}{2} +4 \times 5

S = 470

Now we can continue:

Total Marginal cost 470 + Fixed Cost: 900 = 1370

MR = 1500 revenue for adding 1 unit

1500 x 5 = 7500 total revenue

total revenue - total cost = profit

7500 - 1370 = 6,130

3 0
3 years ago
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