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a_sh-v [17]
3 years ago
11

A survey reveals that, on a small island, 175 people have jobs, 25 people are not working but are looking for jobs, and 90 peopl

e are neither working nor looking for work. The unemployment rate on the island is:____.
Business
1 answer:
joja [24]3 years ago
3 0

Answer:

The answer is = 12.5%

Explanation:

The 175 people that have jobs are in unemployment (employed).

The 25 people that are not working but are looking for jobs are called unemployed.

The 90 people are neither working nor looking for work for work are not counted in the employment.

Therefore, the labor force is employed people + unemployed people.

Labor force is 175 + 25= 200 people.

So, unemployment rate is:

(unemployed people ÷ labor force) x 100

(25÷200) x 100%

=12.5%

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4 0
3 years ago
The first-year NOI for an office building is $150,000. A lender is willing to provide financing up to a 1.5 debt-coverage ratio.
Hoochie [10]

Answer:

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Explanation:

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We simply applied the above formula

5 0
2 years ago
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ivanzaharov [21]

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5 0
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RoseWind [281]
The best answer is "C" or demand. Consumers will buy more or less depending on the demand. 

I hope this helps!
<em>~cupcake</em>
5 0
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