Answer:
Country x
Population size 50,000,000
Full time students 4,200,000
Not employed & not searching 6,000,000
Not employed and searching 2,336,000
Employed 29,664,000
Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment
Labour force is 32,000,000
Labor force participation rate is the labor force divided by the population size.
= 64%
Unemployment rate is defined as members of a country not employed and are searching or seeking employment.
= 4.7%
One of the features of the new approach is that, now BEA uses the geometric average of fixed weight indexes and uses two base years to calculate the growth rate of real GDP between two consecutive years.
Explanation:
In both actual and nominal GDP, the U.S. Economic Analysis Department results. It estimates the real United States. GDP is a fixed base year annual rate. Imports and international sales from American businesses and people are exempt.
GDP reflects the degree to which the economy generates production. Global warming is not generated and not part of GDP. The effect of environmental damage is not measured accurately. The loss should not be included in GDP and the calculation of environmental damage has not been accepted.
The option that Gloria has to purchase the cottage that she leases from her landlord is called An option fee.
Gloria has an option to purchase this property here. Under this option, she and the landlord would have a mutually agreed percentage on the purchase price.
Gloria paid her landlord the $5000 in order for her to have the right that would enable her to buy this property at a later date in the future.
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