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andreyandreev [35.5K]
3 years ago
5

The table below reports the total population in a country and the number of people in different groups as below:Total population

280 millionPeople in jail 10 millionPeople working part time 30 millionPeople working full time 80 millionChildren less than 16 years of age 50 millionPeople serving in the military 15 millionRetirees 30 millionMarginally attached workers 20 millionFull time students 30 millionWhat is the unemployment rate?
Business
1 answer:
weqwewe [10]3 years ago
5 0

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

\frac{Unemployed}{LaborForce} \\=\frac{15}{125}

= 0.12

The unemployment rate = 12%

Read more on brainly.com/question/15707932?referrer=searchResults

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$90

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First step is to multiply overhead percentage by the employee earning per hour

125%×$40/hour

=$50

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Billable or charge back hour=$50+$40/hour

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Therefore A billable or charge back hour to this department would be: $90

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Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to
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Answer:

B. The input gains from greater international specialization and trade are the equivalent of economic growth.

Explanation:

If a country moves outside its production possibilities curve, the country has experienced economic growth, precisely because it has increased the amount of goods it can produce according to the production possibilities curve.

International trade thus facilitates economic growth because it makes each country focus on the production of the goods that have the lower opportunity cost, and therefore, use the country's resources more efficiently. This, added to technological improvements, can help a country's economy become larger in both the short and long-term.

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3 years ago
Doreen Schmidt is a chemist. She needs to prepare 24 ounces of a 11​% hydrochloric acid solution. Find the amount of 12​% soluti
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Explanation:

Let x be the quantity ( in ounces ) of 12% solution that is mixed with y quantity ( in ounces ) of 6% solution to obtain 24 ounces of 11% solution,

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⇒ x = 24 - y ------(1)

Also, 12% of x + 6% of y = 11% of 24

0.12x + 0.06y = 0.11 × 24

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From equation (1),

12(24-y) + 6y = 264

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Thepotemich [5.8K]

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