Answer:
1,000
Explanation:
Suppose the town of Boone has a total population of 50,000 people. Of those, 45,000 people are employed. There are 1,000 full-time students who are not employed or actively seeking work. The rest of the people are out of work but have been actively seeking work within the past four weeks.
This information is not given in the question.
For computing the frictional unemployment, first we have to determine the unemployed which is shown below:
Number of unemployed would be
= Total population - employed - full time students
= 50,000 - 45,000 - 1,000
= 4,000
Now the frictional unemployment would be
= Unemployed - cyclical unemployment - structural unemployment
= 4,000 - 2,000 - 1,000
= 1,000
Answer:
Our P = 17540 $
Explanation:
Amount of Insurance Policy = 50000$
premium reserve at 10th Year = 8000$
Net Premium for the policy = 900$
Annual Interest Rate = 6%
Net Premium at the age of 46 = ????
900 * 10 years = 9000$
9000 + Interest rate @ 6% = 9540$
Net Premium + Premium reserve of 10 Years = 9540 +8000 = 17540$
P = 17540 $
Note: As similar policy have interest rate @ 6%,which is paid every year,
At the age of 46, Net premium reserved amount also will be recovered.
Answer:
The correct answer is letter "D": All of these are correct.
Explanation:
The Free Rider Problem refers to someone being able to gap for less or even for free what others pay more for. The problem arises when individuals are unwilling to pay their fair share for something that most others pay for. The problem is more often while talking about public goods. To avoid this issue, some sort of special must be given to consumers such as discounts, promotions for subscriptions or special information online.
Answer:
The correct answer is c. Derived demand
.
Explanation:
Derived demand is the demand for goods and services that is generated as a result of the demand for other goods and services. This type of demand usually corresponds to the demand for factors or products, since the demand for a good or service may be related to the process necessary to produce another good or service, although it can affect both producers and consumers.
Derived demand can sometimes lead to an increase in the price of a marginal product, since the demand for the resources needed to produce a physical product also increases.
