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.
Among the statement, letter C. is false. a cover letter is not sent before a resume so that the employer knows it is coming. It does not necessarily mean that cover letter should be sent first. It has to go together with the resume.
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Answer:
$4000
Explanation:
Step 1. Given information.
The child tax credit is $2000 per child.
Step 2. Formulas needed to solve the exercise.
Total amount of credit = Number of kids * amount of credit.
Step 3. Calculation and Step 4. Solution.
The AGI limit phaseout begins at $400.000 for joint tax filters. In this case there are 2 dependent kids and hence the credit = 2000*2 = 4000.