Suppose you live in a community of 100 people. If 80 people are over 16 years old
Question:
Suppose you live in a community of 100 people. If 80 people are over 16 years old and are willing and able to work, and 72 people are employed, what is the unemployment rate in this community?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
The unemployment rate ...View the full answer
Answered By
Patrick Busaka
I am a result oriented and motivated person with passion for challenges because they provide me an opportunity to grow professionally.
5.00+
38+ Reviews
58+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Suppose you live in a town with two hospitals-one large and the other small. On a given day in one of the hospitals, 60% of the babies who were born were girls. Which one do you think it is? Or, is...
-
Suppose you live in a neighborhood with a few expensive homes and many modest homes. 1. If you wanted to impress people with the neighborhood where you lived, which measure would you give as the...
-
What is a business cycle? How is the unemployment rate measured? How has the unemployment rate varied over time in the United States? Do most high-income countries experience about the same average...
-
1. Dependence of business on environment (Define) 2. Business and environment ethics (Define) 3. Ethical behaviour includes 1) 2) 3) Business and Ecological (environmental ethics)
-
Consumer Reports conducted a taste test on 19 brands of boxed chocolates. The following data show the price per serving, based on the FDA serving size of 1.4 ounces, and the quality rating for the 19...
-
Major Electronics sells 85,000 personal stereos each year at a price per unit of \($55.\) All sales are on credit; the terms are 3/15, net 40. The discount is taken by 40 percent of the customers....
-
The poverty line. The federal government announces poverty lines each year for households of different sizes. Households with income below the announced levels are considered to be living in poverty....
-
At the end of Kane Department Stores fiscal year on November 30, 2010, these accounts appeared in its adjusted trial balance. Freight-in .................. $ 5,060 Merchandise Inventory (beginning)...
-
please help due in 10 Question 58 Display your skills the FIFO inventory costing method.... BJ Inc. made the following four inventory purchases in June: Per Unit Cost Total Cost June 1 150 units...
-
Why might frictional unemployment be higher in a period of plentiful jobs (low unemployment)?
-
How is the logic of this article an application of opportunity cost reasoning?
-
Vanessa Company is evaluating a project requiring a capital expenditure of $480,000. The project has an estimated life of 4 years and no salvage value . The estimated net income and cash flow from...
-
We are writing a business plan about expanding Robinson Development Group's business into Mexico. They do residential as well as business development in Virginia and have branched out on the East...
-
Political ideologies can influence trade. Although Russia's constitution lists it as a Federal Democratic State, many news outlets call it a "Fake Democracy". Now that Russia has invaded Ukraine, the...
-
A facultative oxidation pond is to be designed for a community of 5000 people. Summer wastewater flow is 2000 m 3 /d, and the BOD 5 is 180 g/m 3 . Winter flow and BOD 5 values are 6000 m 3 /d and 90...
-
Watch the video "Black Diamond: Managing in a Global Environment" https://youtu.be/lc29Ro9TOKg Describe at least two environmental factors that affect this business and summarize how the managers are...
-
In social media, one size does not fit all. Social media includes traditional platforms such as Facebook and Instagram, but it also includes podcasts, blogs, and video mediums. Each platform and...
-
In problem, find the exact value of each logarithm without using a calculator. log 1/3 9
-
What are three disadvantages of using the direct write-off method?
-
a. Critically evaluate the provision resulting from the Uruguay Round to require that the least trade-restrictive measures should be used to achieve environmental goals. Include in your answer both...
-
Suppose that under the United States-Canada Air Quality Agreement, both countries agree to a combined 30 percent SO 2 abatement standard. Further assume that the following SO 2 abatement cost...
-
Assume you are a city planner working on a new industrial park and contemplating the use of an industrial ecosystem. Discuss the major advantages and disadvantages of an industrial ecosystem that you...
-
When preparing government-wide financial statements, the modified accrual based governments funds are adjusted. Please show the adjustments (in journal entry form with debits and credits) that would...
-
I need help finding the callable price and call value
-
On 31 October 2022, the owner took goods for his son as a birthday gift. The cost price of the goods was R15 000
Study smarter with the SolutionInn App