Answer: When there are more people willing to offer their work to companies whose jobs are available, an unemployment situation occurs. When there are people who do not have a job, it is known as unemployment or unemployment.
To calculate the unemployment rate of a place, those people who are of working age (between 16 and 65 years old) and are actively seeking do not find employment, that is, what is known as the active population.
People are considered unemployed if they work and are not employed and are currently available to work, and actively seeking work for the past four weeks.
What do you mean by labor force?The total of both employed and unemployed people are referred to as Labor force. The level of employee participation is workers as a percentage of non-legal citizens.
The level of employee participation is a measure of effective economic workers.
The formula is the number of people 16 years and older who are employed or actively looking for work, divided by the number of non-institutional, working-age citizens.
The unemployment rate and Employment rate can be calculated below:
[tex]\rm\,Unemployment\,rate = \dfrac{\,Number\,of\,unemployed}{ labour\,force}\times100[/tex]
[tex]= \rm\, 100 - Unemployment\,rate = Employment\,rate \\\\Or\\ \\Employment\,rate = \dfrac{\,Number\,of \,employed}{labour\,force}\times\,100[/tex]
Therefore, these are criteria used by economists to determine whether a person is employed or unemployed.
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For a report to focus on the needs of typical business readers today, it needs to be trustworthy, contain decision-related information, and:
A. put the summary at the end of the discussion.
B. use complicated language to impress the readers.
C. require a password to open the report document.
D. make it easy for readers to get the point quickly.
Answer:
D. make it easy for readers to get the point quickly.
Explanation:
For a report to meet the needs of business readers, it must be reliable, contain relevant information, and make it easier for readers to quickly understand the information they want to convey. This can be accomplished through simple but punctual language. That's because the reports need to be clear so readers can make their decisions.
D. The report needs to be trustworthy, contain decision-related information, and make it easy for readers to get the point quickly.
Business executives are often busy and under pressure to make quick decisions with incomplete data. They value concise, well-organized reports that allow them to quickly grasp the key points, insights, and recommendations. Using complicated language to impress readers or requiring a password can create unnecessary barriers.
Therefore, it is crucial to present the report in a clear and accessible manner, enabling the readers to understand the information efficiently.
Which of these laws was created in order to protect consumers?
A. pollution laws
B. product safety laws
C. wage laws
D. equal opportunity laws
What is the likely impact of filing bankruptcy on a student loan ?
a. The Loan amount will stay the same, but the balance will stop accruing interest
b. The Loan repayment schedule will be adjusted longer
c. None of the answers are correct
d. The Loan payment amount will be adjusted lower
Which of these is the best example of an asset?
A. the electricity in a home
B. the shirt someone is wearing
C. the coffee someone drank this morning
D. an old, used airline ticket
The best example of an asset is the electricity in a home.
Explanation:The best example of an asset out of the given options is A. the electricity in a home.
An asset is a resource with economic value that an individual or organization owns or controls with the expectation that it will provide future benefits.
The electricity in a home is considered an asset because it has economic value, is owned or controlled by the homeowner, and provides a significant benefit by powering appliances, lights, and other electrical devices.
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Apples are part of which factor of production?
a. land
b. labor
c. capital
d. scarcity user: which of the following is not a factor of production?
a. land
b. labor
c. capital
d. pollution
Answer:
a. land
d. pollution
Explanation:
Production factors is an economic term used to describe the elements that are essential for all productive sectors in a country. In short, it is around these factors that the entire production chain of a company, or an organization, is established.
These factors are: land, capital and labor.
The land is home to factors related to natural resources such as plants, fruits, soil, water, vegetables, among others. Capital refers to the resources related to producing goods and services, such as money, cars, machinery, equipment, among others. Finally, the work refers to human labor, which will make the entire production process working.
What amount is a reasonable tip for an airport skycap?
Answer:
$ 2 tip for luggage.
Explanation:
As in many situations of our life, travel usually works wherever you go do what you see, for example, when leaving tips. If you do not want to look bad in the restaurants or taxis of your destination or if you are one of those who take control of your travel expenses, keep in mind that there are countries in which it is highly recommended to leave a tip and others in which It is mandatory. The main reason is that this amount is important to complete the waiter's salary. However, and even if you don't believe it, there are destinations in which not only do they not usually tip, but it is frowned upon to do so.
In general, for airport skycap you pay $ 2 tip for luggage.
You are a lawmaker, and you get to decide what to do with this year's budget surplus. Write a brief proposal explaining whether the surplus should be used for new spending, tax cuts, or to buy back bonds and cut interest payments. Include an explanation for your proposal.
As the lawmaker the surplus from the budget would be suggested to be used for new spending.
Why should the suplus budget be used for new spending?This would help to stimulate the economy. That is increases in the rate of government expenditure is an expansionary monetary policy.
It would help the nation to get new infrastructures which would also lead to more employment in the nation.
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You go to the bank to trade a dirty dollar for a new, clean one. The cashier tells you the trade is not necessary because currency is
divisible
scarce
portable
stable in value
Answer:
D) stable in value
Explanation:
money still exists and used, either dirty or clean dollar bills
Answer: Stable in value
Explanation: I had put divisible but that wasn't correct.
John Maynard Keynes believed that the economy could be turned around and brought out of a depression by?
Answer:
Its not minimum wages its wrong and im not sure which one is the the answer but its not minimum wages
Explanation:
What is the current value of a future sum of money called?
All of the following would be considered closing costs except for: a) A title search b) Cost of repainting the kitchen before moving in c) Fee for obtaining credit report d) Title insurance
Answer:
Cost of repainting the kitchen before moving in
Explanation:
Which of the following is not an example of how media coverage of the Space Race affected the economy?
The media only covered positive elements of the Space Race and never mentioned any setbacks.
Space memorabilia were made and sold to the public to celebrate successful launches.
Astronauts became public heroes and helped sell the image of the space program.
The race to beat the Soviet Union to the Moon supported the growth of NASA and its facilities.
Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.
The above given option does not talk about any aspect of media coverage of the space race and its effects on the economy. Covering only positive aspect without explaining its economic implications does not have any positive or negative effect on any economic activity, externalities or economic well being of any country. On the other hand, option B , C and D talks about economic implications.
1.The hope of reward that encourages a person to behave in a certain way is a(n) _______.
2.A bridge is an example of something that is usually provided as a _________.
3.To show how demand for a good will change at specific price points, economists use a ____.
Answer:
1. The hope of reward that encourages a person to behave in a certain way is a(n) incentive
2. A bridge is an example of something that is usually provided as a public good
3. To show how demand for a goodwill change at specific price points, economists use a demand schedule.
Explanation:
1. The hope of reward that encourages a person to behave in a certain way is a(n) incentive
An incentive is an item of value, an object, or desired action or event that spurs an employee to do more of whatever he/she was encouraged by the employer to do through the chosen incentive.
2. A bridge is an example of something that is usually provided as a public good
A public good has two key characteristics: it is nonexcludable and nonrivalrous. These characteristics make it difficult for market producers to sell the goods to individual consumers.
The first characteristic, that a public good is nonexcludable, means that it is costly or impossible to exclude someone from using the good. If John buys a private good like a cake, then he can exclude others, like Mary, from eating that cake.
The second main characteristic of a public good—that it is nonrivalrous—means that when one person uses the public good, another can also use it. With a private good like apple, if Job is eating the apple, then Mark cannot also eat it—the two people are rivals in consumption.
3. To show how demand for a goodwill change at specific price points, economists use a demand schedule.
A demand schedule is a chart used to display the number of goods or services demanded at specific prices. It can also be referred to, it’s a table that shows the relationship between the price of goods and the amount of goods consumers are willing and able to pay for them at that price. It is usually based on the demand curve that shows the inverse relationship between quantities demanded and price. As the price of a good increases, the quantity demanded decreases. It helps management to plan production processes by looking at the schedule and figure out how many units consumers will demand based on the price.
what is the first action you should take if you suspect there has been a fraudulent charge on your credit card?
Contact the credit card company is the first action we should take if we suspect there has been a fraudulent charge on the credit card.
Further explanation:
Credit card:
Credit card is issued by financial institutes such as banks. A credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. A credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.
Steps to be taken if a fraudulent charge on the credit card happened:
The first step is to inform the credit card company regarding the fraudulent issue. Change the password or pin of the credit card. Inform the company and call the police of the region. Check the statements of the credit card. Check the online shopping details. Maintain the balance and keep an eye on the amount of the credit card bills and statements.
Thus, the first step is to inform the credit card company regarding the fraudulent charge onthe credit card.
Learn more:
1. Common credit card fee
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2. Charging fee in case of credit card
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3. Consequences of non-payment of monthly credit card payment
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Answer details:
Grade: High School
Subject: Business studies
Chapter: Money and banking
Keywords:What is the first action you should take if you suspect there has been a fraudulent charge on your credit card, statements, cards, online shopping, credit card bills, shopping, credit card company, password, pin, keep an eye, police, region.
Owners of the teams in the nfl started the league as a way to make money by providing entertainment to their audiences. what type of result happens when the nfl team owners make a lot of money?
a. latent function
b. manifest function
c. social deconstruction
d. social dysfunction
Many people are surprised that working for a charitable organization can be as good for your career as working for a:
A. Lemonade stand.
B. Parent.
C. Fortune 500 company.
D. Child.
Working for a charitable organization can be as beneficial to one's career as working for a Fortune 500 company due to the valuable skills and experiences gained. Effective Altruism endorses maximizing impact through strategic career choices, like earning to give, rather than direct volunteering.
Many people are surprised to learn that working for a charitable organization can be as good for your career as working for a Fortune 500 company. This may in part be due to the vast array of skills and experiences one can gain in the nonprofit sector, which can be highly valued in the corporate world as well.
Furthermore, in today's career landscape, having a diverse range of experiences, including those gained from working with nonprofits, can enhance an individual’s resume as it shows a commitment to social responsibility and provides a broad perspective. Career development is not just about the prestige of a company, but also about the learning opportunities and contributions to society that can arise from different types of work.
An argument presented by Effective Altruists suggests that if we aim to maximize the good we do, prioritizing earning to give—such as working overtime and donating to highly efficient charities like those recommended by Effective Altruist organizations—can be more impactful than direct volunteering, like working in a soup kitchen.
Holton is the manager at a small restaurant. What can he do to ensure the workplace offers a safe environment for employees?
Answer and explanation:
When managing a restaurant it is important to keep certain safety guidelines to ensure the employees' well-being. Installing smoke detectors, making sure the cooking area is clean and out of plagues, giving employees special uniforms to ensure hygiene and prevent burns, and keeping a first-aid kit in front of mild emergencies are some practices managers should promote.
A truck belonging to office furnishing failed to yield the right of way at an on ramp and crashed into an automobile. Damages included 1,800.00 to the truck and 4,000.00 to the car. In addition, the drivers of the crash was granted 56,000.00 of internal injuries from the collision. Office finishing carries 50/100/10 liability, comprehensive and 250.00- deductible collision insurance. How much of the total expenses is office furnishing responsible for?
Answer:
$250
Explanation:
A 50/100/10 insurance policy means that the policy will cover a maximum of $50,000 for individual injuries, $100,000 as maximum liability for total personal injuries and $10,000 for property damage.
Property damages = $1,800 + $4,000 = $5,800 (fully covered by the policy, max. $10,000).
The drivers, meaning more than 1, therefore we assume that $56,000 was used to cover total personal injuries (fully covered by the policy, max. $100,000).
Therefore, office furnishing must only pay the $250 deductible, since the policy covers the rest of the expenses.
Bridget has an outstanding balance on four different credit cards. Which method of paying off her credit card debt will save her the most money?
paying the minimum balance each month
making fixed payments
snowballing her payments according to the highest interest rate
snowballing her payments according to the lowest balance
Answer:
The correct answer is "snowballing her payments according to the lowest balance".
Explanation:
The snowball method that prioritizes paying off the lowest debt first, regardless of the interest rate.
Debts must be ranked from lowest to highest and the minimum balance on each must be paid, except on the card with the lowest debt. For the lowest debt, you must pay as much money as possible each month until the total amount of debt is completed. Then you must move on to the second smallest debt and pay it off in that order.
Have a nice day!
For which market model is there a very large number of firms?
A. monopolistic competition
B. oligopoly
C. pure monopoly
D. pure competition
Answer:
On USAtest prep its C perfect competition
Explanation:
whats the voc word for market with a large number of firms or producers
Why did manufacturers hire children to work in their factories?
Which of the following most accurately explains why fiat money differs from commodity money?
Fiat money can also be used as a productive input.
Fiat money has value because it is a precious metal such as gold.
Fiat money only has value as a medium of exchange.
Fiat money has value because it enables the barter system to work.
Final answer:
Fiat money differs from commodity money in that it only serves as a medium of exchange and has value solely due to government declaration, not because of any intrinsic value, unlike commodity money which has other uses beyond being a medium of exchange.
Explanation:
The main difference between fiat money and commodity money is that fiat money only has value because it is declared as legal tender by a government and it serves solely as a medium of exchange. It has no intrinsic value. On the other hand, commodity money has intrinsic value as it can be used for other purposes besides being a medium of exchange, such as gold, which is valued for its physical properties and industrial uses.
Historically, people have used various items like gold, cowrie shells, and cocoa beans as commodity money because they had value outside of their use as money. With the rise of more complex and global economies, the use of commodity monies became impractical, leading to the adoption of fiat currencies like the U.S. dollar. The value of fiat money is based on universal faith and trust in its value as authorized and maintained by governmental decree. The Fed monitors measures of money supply, including M1 and M2.
In 1 or 2 sentences, describe why compound interest earns more money than simple interest.
Where might you gain insights to what is important within content you are about to read?
a.
Chapter questions
c.
Index
b.
Table of contents
d.
Glossary
Please select the best answer from the choices provided
A
B
C
D
Answer:
A
Explanation:
Where might you gain insights to what is important within content you are about to read?
Chapter Questions will actually give an oversight into themes and issues raised in the chapter. They are very useful to point to the reader the summary of ideas raised within the chapter.
Glossary are used to document terms and meanings used within in a book
index gives page numbers of words
Table of contents: Puts chapters into section and subsection. It makes the reader have an overview of the content of document.
So A is correct
In geoffrey chaucer’s time, the makers of the fine objects we can see today in the world’s great art museums learned their trade in associations called ______.
A small business loan is used to pay for the costs associated with starting your own company? True or false
Answer: True
Explanation:
A small business loan is known to be a loan given to an individual in order to start a business. The loan is used for running the day today activities of the business. The borrower that is the business owner reaches an agreement with the lender to repay the loan with interest over a specified period of time.
Answer:
TRUE
Explanation:
Loans are forms of financing entrepreneurial activities. Only entrepreneurial initiatives are the ones that most seek loans. Small businesses borrow money to cover the costs associated with starting up. For example, if you want to open an ice cream parlor but have no money, you can borrow from your bank to invest in your business.
Which of the following would be the main reason you use the task feature?
A) To be able to find your contacts quickly.
B) To help organize our emails
C) To help manage your time effectively
D) To help manage your contacts
To help manage your time effectively which would be the main reason you use the task feature. The correct option is C.
What is the purpose of the learning task?Learning tasks should build on previous activities rather than being repetitive, and they should allow students to engage with and develop their skills, knowledge, and understanding in a variety of ways. Meaningful activities involve students in ways that are active, constructive, intentional, authentic, and cooperative.
Task management software allows you to consolidate all of your activities in one location, eliminating the need for multiple passwords and accounts. It eliminates the risk of information being deleted or lost, which can greatly improve the efficiency of the work your team does on a daily basis.
Thus, the ideal selection is option C.
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A landscaping company has just bought $1,000 worth of pesticide for its employees to use on the properties it services. However, the company just received a letter saying that it now needs to spend hundreds of dollars for protective equipment for its employees to wear when applying the pesticide. What agency is most likely responsible for this requirement?
Answer Choices:
a)Environmental Protection Agency
b)Federal Communications Commission
c)Federal Trade Commission
d)Food and Drug Administration
e)Transportation Security Agency
Answer:
The correct answer is A: Environmental Protection Agency.
Explanation:
The United States Environmental Protection Agency is the name given to an indenpendant agency in the country whose main purpose is to take care of the correct and proper protection of the health of the people in subjects related to the environment, including avoiding pollution and educating to the people about it. It was created in 1970 by the President Richard Nixon and since then has been regulated by statutes authorized by Congress.
If you were in charge of managing a group of employees, how would you assess their job performance? Describe at least two methods you would use
List at least three tools or services that are available when you open a savings account.