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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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Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f
kakasveta [241]

Answer:

2,800 units

Explanation:

The computation of the ending work in progress units is shown below:

= Beginning inventory units + units started - transferred units to the second processing department

= 2,100 units + 8,500 units - 7,800 units

= 2,800 units

All other information which is given in the question is not relevant. Hence, ignored it

8 0
3 years ago
You want to invest an amount of money today and receive back twice that amount in the future. You expect to earn 9 percent inter
Virty [35]

Answer:

The answer is 8 years

Explanation:

FV= PV(1+r)^n

Where

PV= let's assume PV is $100

FV = Since FV will be doubled, the we have $200($100 x 2)

n= ?

r= 9percent

Let us use the rule of 72 which states that an investment will double when:

Annual Investment Rate x Number of Years = 72.

Number of years = 72/9

= 8 years

The investment is doubled in 8 years at the rate of 9percent

5 0
3 years ago
The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referre
butalik [34]
It is referred to as DECISION MAKING FOR SOCIAL RESPONSIBILITY. Social responsibility has to do with people and organizations behaving and conducting business ethically and with sensitivity toward cultural, economic, social and environmental issues. 
4 0
3 years ago
The factor that determines whether a product is classified as a consumer product or an industrial product is:
Vinvika [58]

Answer:

The answer is the end use of the product

Explanation:

The end use of a.product determines whether the product is s consumer or an industrial product.

A consumer product is a finished product. They are ready for immediate consumption. Consumers buy and eat it. For example, biscuits, coke etc

An industrial product is a product e.g raw materials, machinery, that is used to produce finished goods. Businesses and firms use industrial product to produce finished goods.

8 0
3 years ago
Account A pays simple interest.
maw [93]

Answer:

Explanation:

                          Interest Factors

<u>Periods          6%       7%          8%                  9%            10%             11 %</u>

1                 1.0600      1.0700     1.0800        1.0900     1.1000        1.1100

2                1.1236      1.1449         1.1664         1.1881      1.2100        1.2321

3                1.1910       1.2250      1.2597         1.2950     1.3310         1.3676

4                1.2625      1.3108     1.3605          1.4116       1.4641          1.5181

1)

Future value paying simple interest = Principal + [( principal * interest) * investment period]

Future value paying simple interest = $2,000 + [ ( $2,000 * 9%) * 3]

Future value paying simple interest = $2,000 + 540

Future value paying simple interest = $2,540

2)

Future value paying compound interest = Present value * ( 1 + interest)n

Future value paying compound interest = $2,000 * ( 1 + 0.09)3

Future value paying compound interest = $2,000 * 1.295029

Future value paying compound interest = $2,590.058

3)

Difference = $2,590.058 - 2,540

Difference = $50.058

3 0
3 years ago
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