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svetlana [45]
3 years ago
9

Among those not working, the most recent job-search activity for 2.90 million happened less than two weeks ago, while 1.72 milli

on most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 10.99 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places.
Business
1 answer:
Firdavs [7]3 years ago
4 0

Answer:

A. 24.05

B. 4.62

C. 66.99%

D. 19.21%

Explanation:

A). Calculation to determine the Laborland's total labor force

Using this formula

Total Labor Force = Employed + Unemployed

Let plug in the formula

Total Labor Force = (4.9+ 14.53) + (2.9 + 1.72)

Total Labor Force = 19.43 + 4.62

Total Labor Force = 24.05

Therefore the Laborland's total labor force is 24.05

(B). Calculation to determine the Laborland's labor force participation rate

Unemployed = 2.90 + 1.72

Unemployed = 4.62

Therefore the Laborland's labor force participation rate is 4.62

(C). Calculation to determine How many people are unemployed in Laborland

Using this formula

Labor force participation rate = Labor force / Total working age population

Let plug in the formula

Labor force participation rate= $24.05 / 35.9

Labor force participation rate= 66.99%

Therefore How many people are unemployed in Laborland will be 66.99%

(D). Calculation to determine Laborland's unemployment rate

Using this formula

Unemployment Rate = Unemployed / Labor force

Let plug in the formula

Unemployment Rate = 4.62 / 24.05

Unemployment Rate= 0.1921 * 100

Unemployment Rate= 19.21%

Therefore Laborland's unemployment rate is 19.21%

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Bebe Rexha has AGI of $100,000 and makes the following expenditures:
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Answer:

$31000 will be allowed as expenditure

Explanation:

given data

Wheelchair  = $10,000

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Maintenance =  $1,000

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solution

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A new company with a balance of zero in their cash account had the following cash transaction in its first month: obtained a ban
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Answer:

The balance in the cash account at the end of the month will be $401.000

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see attached file for T-account

Download xlsx
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