1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UNO [17]
3 years ago
8

Suppose the working age population of a fictional economy, Jessica Town, falls into the following categories: 100 are retired ho

memakers; 50 have full-time employment; 15 have part-time employment; 28 do not have employment but are actively looking for employment; and 16 would like employment but do not have employment and are not actively looking for employment. The official unemployment rate as calculated by the U.S. Bureau of Labor would equal:_________
Business
1 answer:
Studentka2010 [4]3 years ago
4 0

Answer: 30.1%

Explanation:

The unemployment rate includes those who do not have employment but are actively looking for employment not those who do not have a job and are not looking.

The rate is also based on the Labor force which is the portion of the population that is <u>able</u> and <u>willing</u> to work. Retirees are not included in this measure. Those who are not looking are not willing.

Labor Force = 50 full-time + 15 part-time + 28 unemployed

= 93 people

Unemployment rate:

= 28 / 93 * 100

= 30.1%

You might be interested in
Suppose Joe's wage increased from $10 per hour to $12 per hour, and over the same time period the GDP deflator increased from 10
Burka [1]

Answer:

Explanation:

Im prettier sure if u add them with a calculator it could come out with the answer and it may add up too the correct answer

3 0
3 years ago
Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has
gayaneshka [121]

Answer:

The correct answer is d. risk aversion.

Explanation:

Risk aversion is an investor's preference for avoiding uncertainty in their financial investments.

Due to this attitude towards risk, this type of individuals directs their investment portfolio to safer financial assets even though they are less profitable.

The phenomenon of risk aversion implies by definition a certain level of risk rejection by a person who invests in financial markets. A person may face a risk aversion situation, be risk neutral or be risk prone.

7 0
3 years ago
Suppose that the tax on interest income is levied on the nominal interest​ rate, the tax rate is 20 ​percent, and the real inter
8090 [49]

Answer:

  • After-tax interest rate ⇒ 3.2%
  • True tax on interest income ⇒ 20%

Explanation:

After-tax real interest rate:

= Real interest rate * (1 - tax rate)

= 4% * (1 - 20%)

= 4% * 80%

= 3.2%

True tax on interest income:

= 20%

True tax on interest income is the tax rate levied on the nominal interest rate which is 20%.

3 0
3 years ago
The fair values of all of Sirius's assets and liabilities were equal to their book values except for inventory that had a fair v
lubasha [3.4K]

Answer:

$0

Explanation:

The fair value is the value above the book value. The financial statements are prepared at historic cost and when the value of assets rises a revaluation account is created to present financial statements accurate. The fair values of Sirius's assets are equal to book value and all assets are presented at cost or book value. There will be no revaluation charged to the consolidated statement.

5 0
3 years ago
Selling a good at a price determined by the intersection of the demand curve and the marginal cost curve is consistent with the
Tanya [424]

Answer: i - Socially optimal level of output

Explanation: At the point of intersection of the demand curve and the marginal cost, any quantity below this quantity, the marginal benefit to consumers overshadows the marginal cost to the producers.

4 0
3 years ago
Other questions:
  • What is the name of the experimental task in which an infant interacts with an adult who first engages in normal social interact
    13·1 answer
  • produces decorative mailboxes. The​ company's average cost per unit is $ 23.43 when it produces 1 comma 400 mailboxes. Requireme
    14·1 answer
  • Adrian Corp. sells goods on account for $100,000 on May 1. On May 15, the customer returns $40,000 of the merchandise. The custo
    8·1 answer
  • Mary is 40 years old, plans to retire at 65 and the actuarial tables tell her she can expect to live until 80. The market value
    10·1 answer
  • There are professional guidelines that should be observed in a home inspector's operation. These include client confidentiality,
    6·1 answer
  • If the Federal Reserve lowers the target federal funds rate, Group of answer choices the discount rate rises liquidity in the ba
    12·1 answer
  • Most people recognize that, as a group, consumers are the pivotal participants in the economy, The _____________decisions made b
    5·1 answer
  • Security Analysts that have evaluated Concordia Corporation, have determined that there is a 15% chance that the firm will gener
    7·1 answer
  • Waterway Industries is planning to sell 800 buckets and produce 1080 buckets during March. Each bucket requires 200 grams of pla
    5·1 answer
  • The gradual expansion of project requirements, specifications and priorities during the execution of project is known as _______
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!