The unemployment rate in this population is 12%
First of all we have to find the total labour force in this country
Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students
= 50million + 15million + 30 million + 10 million + 30 million + 20
= 155 million
Labor force = 280million - 155 million
= 125 million
In this population those working full time and part time are the number of those that are employed.
= 30 million + 80 million
= 110 million
The unemployed = 125 million - 110 million
= 15million
The unemployment rate =
![\frac{Unemployed}{LaborForce} \\=\frac{15}{125}](https://tex.z-dn.net/?f=%5Cfrac%7BUnemployed%7D%7BLaborForce%7D%20%5C%5C%3D%5Cfrac%7B15%7D%7B125%7D)
= 0.12
The unemployment rate = 12%
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Answer: Uncertainty
Explanation: In simple words, uncertainty refers to a situation under which an individual or an entity is not sure about their belief or decision regarding a particular subject matter.
In the given case, the employees of the store are unknown to the reality of how the new manager will be.
Hence from the above we can conclude that the above case demonstrates uncertainty.
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
Answer:
$2722.82
Explanation:
Present value of loan = $1,000 * [(1+5%)^3 - 1]/ 5%
= $1,000 * (1.157625 - 1) / 0.05
= $1,000 * 0.157625/ 0.05
= $1,000 * 3.1525
= $3152.50
The present value of loan before bank restructuring is $3152.
Future value = Cash flow / (1+r)^n
= $3152 / (1+0.05)^3
= $3152 / (1.05)^3
= $3152 / 1.157625
= $2722.82
Therefore, the final payment required to pay to make indifferent for both payment is $2722.82
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