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sveta [45]
3 years ago
12

In 2016, 59.7 percent of the adult population (253 million) was employed. If the employment rate increased to 62 percent,

Business
1 answer:
kolezko [41]3 years ago
8 0

Answer:

a. 5.819 million

b. $709918

Explanation:

Below is the calculation:

a. Total number of adult population = 253 million

Total employed adult = 253 x 59.7% = 151.041

Number of employed adult after increase in employment rate = 253 x 62% = 156.86

More people would be working = 156.86 - 151.041 = 5.819 million

b. GDP per capita is $122,000, so increase in GDP = 5.819 x 122000

    Increase in GDP = $709918

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Your father invested a lump sum 33 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which
Nutka1998 [239]

Answer:

your father originally invest is $13035.72

Explanation:

given data

investment time = 33 years

interest rate = 4.25 percent

totaled $51,480.79

solution

we get present value by future value formula that is

future value = present value × (1+r)^{t}    .........................1

put here value and we get

$51480.79 =  present value × (1+0.0425)^{33}

solve it we get

present value = $13035.72

so your father originally invest is $13035.72

8 0
3 years ago
If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes
Viefleur [7K]

Answer:

C) the industry would more closely approximate pure competition

Explanation:

A monopolistically competitive industry is one with different firms selling similar products that are slightly differentiated. It is very easy for firms to enter into industries that are monopolistically competitive. They also have the autonomy to increase their prices.

If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes they would then resemble a pure competition because they would all be selling identical products which would result in little or no competition.

5 0
2 years ago
A company's normal selling price for its product is $20 per unit. However, due to market competition, the selling price has fall
Scorpion4ik [409]

Answer:

$2,600

Explanation:

Calculation of the value of the company's inventory at the lower of cost or market.

Current FIFO inventory ×Net realizable value

Where,

Current FIFO inventory= 200 units

Net realizable value $13 per unit

Therefore,

200 units *$13 per unit = $2,600.

Lower cost of market can be said to mean that the inventory cost at either the purchase cost or replacement value .

Bases on the information given in the question, replacement cost is lower or lesser than the purchase cost which is why the inventory units are been cost at the replacement value of $13 each.

6 0
2 years ago
all of the following are categorizations of human activity affected by big data analytics except: trash collection. security and
xxTIMURxx [149]

Trash collection is the process of collection and removal of garbage. It does not get affect by big data analytics. Thus, the correct option is A). Trash collection.

<h3>What is the significance of the trash collection?</h3>

Trash collection is the process of the collection and removal of garbage. It is the act of picking up or collecting the garbages from various places.

Trash collection plays a very significant role in the environment. Proper garbage collection and disposal facilitates the recycling process, lessens the impact on landfills, and protects the environment by controlling the pollutants that are released.

Basically, trash collection is a part of the process of waste management.

Learn more about trash collection here:-

brainly.com/question/21865424

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4 0
1 year ago
n 1973, long lines of cars appeared at American gas stations, which either ran out of fuel or limited how much a customer could
natita [175]

Answer: the oil embargo

Explanation:.

4 0
2 years ago
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