Answer:
labor-force participation rate = 57 %
Unemployment rate = 5.1 %
Explanation:
Given :
Adult population = 62.2 million
Employed population = 33.7 million
Unemployed population = 1.8 million
Therefore labor force can be calculated by = ( Employed population + Unemployed population )
= 33.7 + 1.8
= 35.5 million
Thus labor-force participation rate = ( Labor Force / Adult Population ) x 100
= ( 35.5 / 62.2 ) x 100
= 57.07
~ 57 percent
Now,
Unemployment rate = ( Unemployed / Labor Force) x 100
= ( 1.8 / 35.5 ) x 100
= ( 1.8 / 35.5 ) x 100
= 5.07
~ 5.1
Therefore, labor-force participation rate = 57 %
Unemployment rate = 5.1 %
Answer:
You invest your time, energy, and money to make profit. The primary driver of profitability is revenue. The more you grow revenue the more likely you are to grow profits. If you achieve higher levels of revenue and manage costs so they rise at a lower rate, then you maximize profits.
Explanation:
Answer:
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The Fifteenth Amendment to the US Constitution guarantees that no citizen will be denied the right to vote based upon their "race, color, or previous position of servitude." The Amendment was ratified on February 3, 1870 and was the third and final Reconstruction Amendment. This amendment was a major amendment in advancing racial equality in the United States in that it guaranteed African Americans the right to vote. However, it would continue to take years before the spirit of this law was fully implemented and continues to be challenged today in the courts.
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Under the Onís-Adams Treaty of 1819 (also called the Transcontinental Treaty and ratified in 1821) the United States and Spain defined the western limits of the Louisiana Purchase and Spain surrendered its claims to the Pacific Northwest. In return, the United States recognized Spanish sovereignty over Texas.