Consider the population of a small country, assuming that thenumber of people in each category is as follows:total population = 1,200children under age 14 = 200elderly retired people = 300
full-time adult students = 20
full-time homemakers = 30
people working full time for pay = 420
people working part time for pay = 120
people not working but seeking employment = 60
people not working but have given up seeking employment = 50
a. Calculate the labour force participation rate. In your answer you must show the categories you have considered for your calculation. (2 marks)
b. Calculate the unemployment rate. Show the steps. (2 marks)
c. Find the number of discouraged workers in this economy ( 1 mark)

Answers

Answer 1

Unemployment rate is the percentage of the total labor force that is not currently employed but actively seeking employment. It is an important indicator of the health of an economy and is used by policymakers to make decisions regarding fiscal and monetary policies.

a. To calculate the labor force participation rate, we need to consider the categories of the population who are either employed or seeking employment. In this case, the categories are full-time adult students, full-time homemakers, people working full time for pay, people working part-time for pay, and people not working but seeking employment. The total labor force participation rate is (420+120+60)/(1200-200-300) = 600/700 = 0.8571, or 85.71%.
b. To calculate the unemployment rate, we need to consider the number of people who are not employed but are seeking employment. In this case, the number of unemployed individuals is 60. Therefore, the unemployment rate is 60/(420+120+60) = 0.0976, or 9.76%.
c. Discouraged workers are individuals who are not currently seeking employment because they do not believe there are any job opportunities available for them. In this case, the number of discouraged workers is 50.

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Related Questions

The pipe located underneath Jiro’s kitchen sink was leaking and he did not know how to fix it. He called a plumber who agreed to come fix the leaking pipe in exchange for $125 plus the cost of any parts. The plumber went to Jiro’s home, removed the old pipe that was leaking, and replaced it with a new pipe that the plumber brought with her. When the plumber was finished, she told Jiro that the total cost was $140 and Jiro promptly paid her. Was this a voluntary exchange? Why or why not?

A
Yes, because both parties willingly entered the exchange and benefited from it.

B
Yes, because one party exchanged money with another party for a good or service.

C
No, because Jiro was not aware of the final cost before he agreed to the exchange.

D
No, because the plumber’s service was not equal in value to the money paid by Jiro.

Answers

Answer:

A

Explanation:

It’s not b

The given statement clearly states that it was a voluntary exchange because both parties willingly entered the exchange and benefited from it.  Hence, Option A is correct.

What is a voluntary exchange?

Buyers and sellers engaging in market exchanges voluntarily and freely is known as voluntary exchange. A basic tenet of both classical and neoclassical economics, which serve as the foundation for modern mainstream economics, is voluntary exchange.

A transaction when two persons freely exchange products or services is referred to as a voluntary exchange. This happens in a market economy, a form of economy where both parties to an interaction benefit from it and come out ahead than they did before.

Given that both parties  entered the voluntary exchange and benefited from it, it is apparent that the transaction was voluntary.

Therefore, Option A is correct.

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Which of the following is one of the basic functions of government
accountants?
A) Government accountants file tax returns for government agencies.
B) Government accountants purchase equipment for Congress.
C) Government accountants keep track of how government agencies use taxpayers money.
D) Government accountants create businesses laws and regulations.

Answers

Answer: A) Government accountants file tax returns for the government agencies.

Answer:

D

Explanation:

suppose that driven by waves of national pride, consumers across the world (including the united states) decide to buy home-produced products where possible. explain how the demand for and supply of us dollars would be affected. what can you say about the impact of the equilibrium dollar exchange rate?

Answers

When foreign demand for US goods decreases, then people buy less of USD products which can skew the equilibrium dollar exchange rate.

What is the equilibrium dollar exchange rate?

The long-term exchange rate that equates a currency's purchasing power parity (PPP) in a scenario where all items are traded and markets are fully functional is known as the equilibrium exchange rate. According to the "PPP theory of exchange rates," such convergence would indicate that similar price levels should be seen internationally. The exchange rate that balances supply and demand for a specific currency relative to another currency is known as the equilibrium exchange rate. The market is cleared at this price.

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b) An oil drilling company's resources are being depleted and known reserves are becoming more scarce. As a result, the company's earnings and dividends are declining at a rate of 8% each year. If the company just paid a dividend of $5 per share and the required rate of return on equity is 15% per annum, what is the theoretical price for one share in the company? (3 marks)​

Answers

The theoretical price for one share in the company, given the dividend would be $ 20

How to find the price of a share ?

To find the theoretical price for one share in the company, you can use the Dividend Discount Model which is:

= Next dividend / ( Return on equity - Growth rate)

The next dividend is:

= 5 x ( 1 - 8 %)

= $ 4.60

The theoretical price per share is therefore :

= 4. 60 / ( 15 % - ( - 8 %) )

= 4. 60 / ( 15 % + 8 %)

= 4. 60 / 23 %

= $ 20

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Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?

Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options ​

Answers

Answer:

Type a question in the “Tell me what you want to do” box.

Explanation:

Did the test myself and got it right.

Answer:

click the tell me what to do box

Explanation:

in order to pay compensation to and receive compensation from an out-of-state licensee in a co-brokerage arrangement, the arizona licensee who signs the agreement with the out-of-state licensee must hold what kind of license?

Answers

In order to pay compensation to and receive compensation from an out-of-state licensee in a co-brokerage arrangement, the Arizona licensee who signs the agreement must hold a valid and active real estate license in the state of Arizona.  

The conclusion is that the Arizona licensee must possess the appropriate license to engage in a co-brokerage arrangement with an out-of-state licensee.

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what is example of an interest leading to a career choice

Answers

Answer:

"I have always been interested in cars so I became a auto mechanic." or "I have always been interested in cars so I decided to work at a car dealership."

Explanation: A big interest that you have that leads you to pick a job related to that interest.


What is Economic Utility

Answers

Answer:

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. ... The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service

Explanation:

Answer: The capacity of a good or service to meet the demand of a consumer. The amount of economic utility of a good or service determines what the demand will be for that good or service, which impacts the price that people will be willing to pay to obtain it

yoonah sells a piece of specialized equipment (with a high resale value) used in a business for $41,650 on september 10, 2021. the equipment was purchased on may 20, 2018 for $32,000. yoonah has taken $9,200 of depreciation on the equipment. what are the amount and classification of the gain on the sale by yoonah?

Answers

Option D. The amount and the classification of gain by Yoonah would be $9,200 ordinary income under Section 1245 and $9,650 Section 1231 gain.

How to solve for the amount and the classification

The ordinary income when we make use of section 1245 is the same as the accumulated depreciation. This is what is given as $ 9,200

Next we would have to solve for the  section 1231 gain

This is given as 41650 - 32000

= $9650

Hence the correct answer to the question that we have here has been given as option D.

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Complete question

And section 1231 gain = $18,850 - 9,200 = $9,650.

$9,200 Section 1231 gain and $9,650 Section 1245 ordinary income.

$9,200 ordinary income under Section 1250 and $9,650 Section 1231 gain.

$18,850 Section 1231 gain.

$9,200 ordinary income under Section 1245 and $9,650 Section 1231 gain.

Do you feel that this country has made adequate progress in providing women with rights that are equal to that of men? Explain your answer.

Answers

Answer:

Yes.

Explanation:

There are so many opportunities for women to rise to the level of, if not surpass men. The 70 cents to the dollar thing is entirely false, and when accounting for the field and position, women typically make more than men. For single mothers, there is the WIC program (women, infants and children), but can you name a program that specifically supports single fathers? And, somewhat related sidenote, there is the whole "believe all women movement", (which in itself is sexist, but I yield) could you imagine if someone started saying "believe all men"? There is no way that would go over well.

How is a decision-making grid an example of cost-benefit analysis?

Answers

Answer:

A decision-making grid is an example of cost-benefit analysis because it helps to weigh the costs and benefits of a particular decision. The grid outlines the various options available and provides a visual representation of the pros and cons of each option. The cost-benefit analysis helps to determine which option is the most beneficial and cost-effective.

Explanation:

Question 10 of 20
Which is an example of a professional interview?
A. Janelle has an interview with the director of a foundation that
offers college scholarships.
B. Marci interviews a city council member about placing new stop
signs in her neighborhood.
C. Pavi interviews the school athletics director about an uptick in
sports injuries.
D. Tasha interviews her grandfather about growing up in a different
country.

Answers

Answer: B. Marci interviews a city council member about placing new stop signs in her neighborhood.

Explanation:

Use the drop-down menu to choose best job title for each example below.
Ana analyzes applications and talks with people who are applying for government assistance. Her job title is best
described as
Donald organizes records, answers phones and creates reports for a city council. His job title is best described as
Kim sorts letters and packages and delivers them to homes and businesses. His job title is best described as

Answers

Answer:

eligibilty interviewer

municipal clerk

postal service mail carrier

Explanation:

i just did the edunity

Answer:

eligibilty interviewer

municipal clerk

postal service mail carrier

Explanation:

How does collaboration demonstrate professionalism

Answers

Answer: Collaboration allows people with different backgrounds to bring their expertise to the workplace, creating a larger talent pool and increasing the possibility that problems will be solved by drawing from these diverse backgrounds.

In contemporary economies, the Central Bank targets the policy rate rather than the supply of money. In the money market graph this implies O A positively sloped money supply curve OA perfectly horizontal money supply curve A perfectly vertical money supply curve O The money supply curve changes depending on the type of open market operations decided by the Central Bank

Answers

In contemporary economies, the Central Bank targets the policy rate rather than the supply of money. In the money market graph, this implies a perfectly horizontal money supply curve.

The Central Bank, also known as the monetary authority, has the task of regulating the economy's supply of money. Monetary policy, which includes activities such as adjusting interest rates and regulating the supply of money, is used by the Central Bank. Monetary policy involves the use of monetary tools to manage the supply of money and credit in the economy.The Central Bank targets the policy rate rather than the supply of money. To put it another way, monetary policy is used to control short-term interest rates, also known as the policy rate. The money market graph is a chart that shows the relationship between the supply of money and the demand for money. A perfectly horizontal money supply curve is depicted in this chart

.In summary, a perfectly horizontal money supply curve is shown in the money market graph when the Central Bank targets the policy rate instead of the money supply.

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Raul works in Human Resources and is interviewing four people for the position of Budget Analyst. Which candidate
has the best education for this particular career?
Candidate A bachelor's degree in Finance and master's degree in
Mathematics
Candidate B
bachelor's degree in Mathematics and associate's degree in
Marketing
Candidate C
associate's degree in Computer Programming and HS diploma
Candidate D
bachelor's degree in Economics and master's degree in
Management


?

O Candidate A
O Candidate B
O Candidate C
O Candidate D

Answers

Answer:

A

Explanation:

Answer:

it is a

Explanation:

just took the test

Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.​

Answers

Explanation:

to eliminate their best efforts in the company

Answer:

"bureaucratic barriers"

Explanation:

i got it right on plato

Emir was unable to find evidence for the sale of Titis Enterprise to related parties. Information could not be obtained because the relevant document is not in the file.
An examination of the sales return journal shows that there were many shipments of goods made in November and December 2021 that were returned by customers in the first and second weeks of January 2022.
An invoice was wrongly issued, due to the wrong price being entered.
Two deliveries to customers were not billed because of the loss of the delivery notes.
Sales invoice for delivery on 4 January 2022 was recorded as sales for 2021 in the sales journal.
Required:
What are the assertions affected in relation to the above findings?
What is the possible misstatement that may occur from the findings above? (Be specific in your answer).

Answers

The possible misstatements that may occur include overstatement or understatement of sales, revenue, and sales returns, depending on the specific situation. It is important for the company to rectify these issues, ensure proper documentation, and accurately record transactions to present reliable financial statements

Based on the provided information, let's analyze the assertions affected and the possible misstatements that may occur:

1. It was unable to find evidence for the sale of Titis Enterprise to related parties.   Assertions affected: Existence or Occurrence

  Possible misstatement: Overstatement of sales and revenue if the sale to related parties was falsely recorded or if the transactions were not properly documented.

2. Sales return journal shows that there were many shipments of goods made in November and December 2021 that were returned by customers in the first and second weeks of January 2022.   Assertions affected: Completeness

  Possible misstatement: Understatement of sales returns and reduction in revenue if the returned goods were not properly accounted for in the sales return journal.

3. Invoice was wrongly issued, due to the wrong price being entered.   Assertions affected: Accuracy

  Possible misstatement: Incorrect valuation of sales and revenue if the wrong price on the invoice is used for recording the transaction.

4. Two deliveries to customers were not billed because of the loss of the delivery notes.   Assertions affected: Completeness

  Possible misstatement: Understatement of sales and revenue if the deliveries were not properly invoiced and recorded.

5. Sales invoice for delivery on 4 January 2022 was recorded as sales for 2021 in the sales journal.   Assertions affected: Cut-off

  Possible misstatement: Incorrect timing of revenue recognition if the sales invoice for 2022 was recorded in the previous year, leading to an overstatement of sales and revenue in 2021.

Overall,.

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beginning work-in-process is 6,400 units; 63,300 units completed, and ending work-in-process is 7,450 units, which are 100% complete for direct materials and 50% complete for conversion costs. the beginning wip inventory is 100% complete for direct materials and 50% complete for conversion.

Answers

The equivalent units of production for direct materials are 69,150, and for conversion costs are 65,925.The total equivalent units of production for direct materials are 69,150 (6,400 + 63,300), and for conversion costs, it is 65,925 (6,400 + 63,300 + 3,725).

Equivalent units of production are a measure used in process costing to account for partially completed units. In this scenario, we have three components to consider: beginning work-in-process (WIP), completed units, and ending WIP.

For direct materials, both the beginning WIP (6,400) and completed units (63,300) are fully processed, so they are counted as equivalent units.

For conversion costs, the beginning WIP (6,400) is 50% complete, so 50% of those units (3,200) are counted as equivalent units. The completed units (63,300) are fully processed. The ending WIP (7,450) is 50% complete, resulting in 3,725 equivalent units.

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Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.

Answers

Answer:

Answer C

Explanation:

Answer:C)

Explanation:just got it right<3

Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?

A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate​

Answers

C, otherwise there is no reason to go
i think it would be a bit i’m not for sure yet

your next-door neighbor thinks that she has discovered the next food craze and is opening a new location of her restaurant. she already has one location that is busy all day. she currently has gross sales of $10.70 million. her expenses, which include ingredients, rent, and personnel, run $8.50 million. what is her net profit or loss?

Answers

The net profit of $2.20 million is earned by her if she has gross sales of $10.70 million and expenses of $8.50 million.

What is sales revenue?

Sales revenue is the amount earned by the company after disposing of its manufactured goods either on cash or on credit.

Given values:

Sales revenue: $10.70 million

Expenses: $8.50 million

Computation of net profit:

\(\rm\ Net \rm\ Profit=\rm\ Sales \rm\ Revenue-\rm\ Expenses\\\rm\ Net \rm\ Profit=\$10.70\rm\ million-\$8.50\rm\ million\\\rm\ Net \rm\ Profit=\$2.20\rm\ million\)

Therefore, if she has gross sales of $10.70 million and expenses of $8.50 million then the net gains received by her are $2.20 million.

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To increase knowledge about HIV/AIDS prevention, a program provided HIV/AIDS-related education to 20 college students. So the program's implementation objective was: to provide HIV/AIDS-related education

Answers

Answer: The program objective was the knowledge of HIV/AIDS be spread among person's, although it might not have been the major objective for the program, but the organizers wanted to pass across a message

Explanation:

The program objective was the knowledge of HIV/AIDS be spread among person's, although it might not have been the major objective for the program, but the organizers wanted to pass across a message, so they brought about innovations that helps talk about HIV/AIDS. At the end of the day, the knowledge is passed and objective is achieved.

A market supply schedule shows the relationship between


please!!!!!!

Answers

Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.

Explanation: I HOPED THAT HELPED,!

how has smart phones products been modified over time particularly modifications that made it more useful to business in general

Answers

Answer:

The rise of smartphones, tablets, and phablets has led to so many shifts from little tweaks (such as the need for bigger, clearer fonts) to huge strategic moves (the current payment wars) that just keeping track of it all can feel overwhelming. Trying to draw the right strategic lessons is even more daunting.

To help, we’ve highlighted seven key ways mobile devices have transformed e-commerce. This list, of course, is no means an exhaustive rundown of every change in the space. Rather, it’s simply an overview of some of the shifts we believe matter most.

Explanation:

bro of if I'm r8 pls make me braniest and follow me.

Abigail Jones was on trial for fraud and embezzlement. Her criminal conduct had resulted in hundreds of senior citizens losing their entire retirement investments. She was convicted by a twelve-member jury, nine of whom were over the age of sixty. If Abigail Jones's attorney were to file an appeal claiming the trial violated the Sixth Amendment, which specific provision would likely apply

Answers

Answer:

The right to a trial by an impartial jury

Explanation:

The purchase of new car is included in: investment expenditure consumption expenditure on services consumption expenditure on nondurable goods consumption expenditures on durable goods

Answers

Answer:

Consumption expenditure on durable goods

Explanation:

Consumption expenditure includes expenditure on goods which are used for final consumption by households. This can be further classified into,

i) Expenditure on durable goods that is goods that can be used over a longer life span such as cars, furniture, refrigerator, etc

ii) Expenditure on non-durable goods that are goods that have a short-life span and thus must be stored for a longer time such as food, clothing, etc

iii) Expenditure on services  such as banking, insurance, traveling, etc

Thus, purchase of a new car is included in consumption expenditure on durable goods.  

items would appear in the checks and debits column of a bank statement and would cause a decline in the accounts balance is called ____

Answers

The items would appear in the checks and debits column of a bank statement and would cause a decline in the accounts balance is called withdrawals.

Withdrawals are transactions that remove funds from an account, and they can occur in various ways, such as ATM withdrawals, debit card purchases, and checks that have been cashed. When a withdrawal is made, the amount of money that was withdrawn is subtracted from the account's balance, causing it to decline.

It's essential to keep track of your withdrawals to ensure that you don't overspend and go into overdraft. An overdraft occurs when you withdraw more money than you have in your account, causing the account balance to go negative, and you may incur fees and penalties.

In conclusion, withdrawals are items that appear in the checks and debits column of a bank statement and cause a decline in the account's balance. It's crucial to keep track of your withdrawals to avoid overspending and going into overdraft.

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which statement describes a main advantage of using cash over other forms of payment

Answers

The main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.

How does cash eliminates overspending?

While doing a physical transaction, there will not be a situation of overspending because the person can not purchase more than the cash value he/she has on him/her.

Hence, the main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.

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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%

Answers

It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).

What is Operating Leverage?

The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.

Magnitude of operating leverage= 4.5

Old sales= $100000

New sales= $110000

Percentage increase in sales:

(New-old)/old = (110,000-100,000)/100,000

                       = 10%

Consequently, a percentage rise in profit might be anticipated:

sales percentage growth times the degree of operational leverage

                        = 10% * 4.5

                        = 45%

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for most businesses, the period of time used to determine whether an asset or liability is current is During an open colon resection, the surgeon encounters a bleeding vessel. A Crile hemostat is clamped onto the vessel to stop the bleeding. While the surgeon is holding the clamp the CST applies the tip of the activated electrosurgical pencil to the hemostat to coagulate the vessel. Suddenly, the surgeon pulls her hand away, yelling aloud. Upon examination, she discovers a pinpoint third-degree burn on her right index finger. Explain the principles behind the two possible causes for the burn please answer asapA hardiness zone with a higher number can be expected to beA. cooler.B. warmer.C. drier.D. wetter. andA dicots rootsA. can grow from a radicle or be adventitious.B. are adventitious.C. grow from a radicle.D. grow in a scattered, random pattern. Boiler test data were recorded:Fuel Data: Coal mass flow rate = 3.7 kg/s; Heating Value = 42.5 MJ/kg.Steam Data: Pressure = 15 bar; 450C dry; boiler efficiency, = 92%Feed water data: temperature = 40C.Calculate the mass flow rate, in kg/s. a popular form of dutch still-life painting, showing a table set for a meal, is called a 1f(x) =and g(x) = x - 2x+5What are the restrictions of the domain of f(g(x)) ? Which Geographic Region would a marine biologist work?MountainPiedmontCoastal PlainTidewater problem 1 what is the z transform of x(z) = e^z hint put x(z) in the form Which of the following is a characteristic of a general partnership? a. The partnership has an unlimited life. b. The partners have co-ownership of partnership property. c. The partners have limited liability. d. The partnership is subject to federal income tax. A sentence featuring a metaphor with the word snake (THIS IS 30 points on my grade plz help)(just the first one btw) How are the Tropical Rain and Tropical Deciduous Forests similar? in the first movement of mozarts symphony no. 40, how does the second theme differ from the opening theme? how are the sharp boundaries of expression of eve stripe 2 formed? In the month of February I spent 37.45 on coffee and a mug.... How many refills did I get?8.95 +1.50r= Total Someone help ASAP! when the parties in a dispute present their arguments and evidence to a neutral third party who then renders a decision, it is called What are some of the benefits of having interest groups provide information to the public, government officials, the media, and members? On the other hand, what are some of the downsides of having interest groups inform? The multiplicity of interests and multiplicity of sects provides in part the solution to _____________. In a galaxy far far away, Corellia and Nimidian Prime start with equal GDPs. The economy of Corellia grows at an annual rate of 6 percent, whereas the economy of Nimidian Prime grows at an annual rate of 4 percent. After 25 years, how much larger is Corellia's economy than Nimidian Prime's economy? Why is the answer not 50 percent? What is the surface area of the right cone below?12&3 A P E X determine the percentage error in each scenario. show your work on all problems. 1. a dad holds five coins in his hand. he tells his son that if he can guess the amount of money he is holding within 5% error, he can have the money. the son guesses that dad is holding 81 cents. the dad opens his hand and displays 90 cents. did the son guess close enough to get the money?