These firms do not have perfect market information to know all the price charges by different sellers,the quality the market demand and supply is etc.
Answer:
2.29%
i.e. $22.91 per $1000 of assessed valuation.
Explanation:
The computation of the property tax rate per $1,000 of assessed valuations is given below;
Amount to be collected $800,000
Estimated uncollectible Prop Taxes 3%
Required tax levy ($800,000 ÷ .97) $824742.27
Total assessed value $50,000,000
Less Property not taxable $10,000,000
Less exemptions -$2,500,000
Homestead $2,500,000
Veterans $1,000,000
Old age ,blindness $500,000
Net assessed value $3,600,0000
Now
Tax Rate is
= required tax levy ÷ net assessed value of property
= 2.29%
i.e. $22.91 per $1000 of assessed valuation.
The answer is false because they dont have to answer anything.
The people that is part of the labor force is option D: an auto mechanic
The best example of frictional unemployment is option D: a company moving to another state, leaving its workforce without jobs
The ways that the economy is affected when the unemployment rate goes up are option B and C:
- Sales tax rates go down.
- Less money is spent on investments.
The most likely result of incomes not rising as quickly as inflation is option B: The unemployment rate rises as more people look for jobs.
The way the standard of living in the United States generally changed over the past 100 years is option B: It has gotten much better.
<h3>What do the terms "labor force" and "work force" mean?</h3>
The labor force is the whole population that is actively seeking employment. It is measured in terms of the number of days and is independent of wage rates. The workforce is the total number of people who are really employed.
Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.
Hence, the term "workforce" or "labor force" refers to the group of people who are either employed or unemployed and an auto mechanic is a good example of it.
Learn more about labor force from
brainly.com/question/12167259
#SPJ1