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kenny6666 [7]
3 years ago
11

If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment

rate is 4%, what is the labor force participation rate?
A. 7.8%
B. 96.2%
C. 95%
D. 4.75%
Business
1 answer:
konstantin123 [22]3 years ago
4 0

Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

Unemployed people= 19 million

Labor force= 500 million

<u>First, we need to calculate the employed people:</u>

<u></u>

Employed population = 500 - 19= 481 million

<u>Now, to calculate the labor force participation rate, we need to use the following formula:</u>

<u></u>

labor force participation rate= (employed people/labor force)*100

labor force participation rate= (481/500)*100

labor force participation rate= 96.2%

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Answer:

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Explanation:

The computation of the cost of goods sold for the month is shown below:

Since 800 units were sold out of which 360 units would sold at $70 and the remaining units i.e. 440 units would be sold at $68

= 360 units × $70 + 440 units × $68

= $25,200 + $29,920

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Hence, the amount of the cost of goods sold is $55,120

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Verizon is running two TV ads to attract new customers. Ad A is run once a week, and it costs $20 per showing. Ad B is run once
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Answer:

TRUE The Statement is correct

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4 0
3 years ago
Smart Manufacturing budgeted costs for 50,000 linear feet of block are: Fixed manufacturing costs $24,000 per month Variable man
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Answer:

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we have 8 note books and 12 pencils in a group how many people can get notebooks and pencils if we divide each supply equally wi
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the deployment time of an airbag should be between 21 and 27 milliseconds and their current average is 22 milliseconds with a st
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Answer:

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X = 24

Use formula below to find process capability index:

C_p_i = min [(\frac{USL - X}{3*\sigma}), (\frac{X - LSL}{3*\sigma})]

C_p_i = min [(\frac{27 - 24}{3*0.25}), (\frac{24 - 21}{3*0.25})]

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