Answer:
Unemployment rate= 2.78%
Explanation:
Giving the following information:
40 million are in the labor force
36 million are employed
2 million are classified as unable to work
1 million are classified as unwilling to work
The unemployment rate is calculated using the population that is employed and the population actively looking for work.
Therefore:
active population= 40 - 2 - 1= 37
Employed= 36
Unemployment rate= unemployed people/ active population or labor force
Unemployment rate= (1,000,000/36,000,000)*100= 2.78%
Answer:
of changes in the elements of the accounting equation. A useful way to conceptualize the accounting equation is that the left side (assets), "is what the Owner has" and the right side (liabilities + owner's equity) "is the method by which the Owner obtained the asset"
Explanation:
Answer: The challenges include, funding and liquidity challenges; inability to borrow indefinitely without repaying debt; high interest costs on loans; volatile and fluctuating fuel price; currency volatility; insufficient revenue and cash generation in relation to operating cost; ageing fleet which is expensive to maintain and is fuel inefficient, making it difficult for SAA to compete in the market place; and aggressive international and regional competition for revenue stimulation and network optimisation.
Explanation: