Business, 17.03.2020 03:18 hellokitty9440

Consider the following information about two nations: In nation A, the number of employed is 4,829,000 and the size of the labor force is 5,249,000. In nation B, the number of employed is 2,661,000 and the size of the labor force is 2,950,000. Instructions: Round your answers to one decimal place. a. What is the unemployment rate in each nation? Nation A: % Nation B: % b. Nation A has unemployed workers and unemployment rate compared to nation B

Answers: 2

Show answers

Answers

Answer from: simon88

a The unemployment rates are;

Nation A = 8.0%

Nation B = 9.8%

b. Nation A:

Unemployed persons = 420,000

Unemployment rate = 8.0%

Nation B:

Unemployed persons = 289,000

Unemployment rate = 9.8%

Hence Nation A has more unemployed persons (420,000) than Nation B (289,000), as well as lesser unemployment rate (8.0%) compared to Nation B (9.8%), because of their larger population.

Explanation:

The unemployment rate is the ratio of the number of unemployed persons in a population to the labor force, expressed in percentage.

The formula is given as:

unemployment rate = ( unemployed labor ÷ Labor force) × 100.

First, to calculate the number of unemployed labor, subtract the number of employed persons from the total workforce.

Nation A;

∴ unemployed persons = 5,249,000 - 4,829,000 = 420,000

∴ Unemployment rate = (420,000 ÷ 5,249,000) × 100 = 0.08001 × 100

= 8.0%

Nation B;

unemployed persons = 2,950,000 - 2,661,000 = 289,000

∴ Unemployment rate = (289,000 ÷ 2,950,000) × 100 = 0.0980 × 100

= 9.8%

b. The b part of this question is asking us to calculate the number of unemployed individuals in each nation and compare the number of unemployed persons and the unemployment rate in both nations.

In part a, we had already calculated the number of unemployed persons in both nations as;

Nation A = 420,000

Nation B = 289,000

while the unemployment rate for both nations are;

Nation A = 8.0%

Nation B = 9.8%

From the both figures we see that although Nation A has a higher number of unemployed persons than Nation B in its population (420,000 and 289,000 respectively), it has a lesser unemployment rate (8.0%) than Nation B (9.8). This is because the population of people making up the workforce in Nation A is larger than that of Nation B and this force the denominator in the calculation of the ratio of unemployment rate, hence when comparing the ratio of unemployed persons to the total population, the ratio turns out to be lower for Nation A than Nation B.

Answer from: Quest

answer; ///i believe that the correct answer is (a); change the corporation's formal documents to make it easier for outside investors to acquire a controlling interest in the firm through a hostile

Answer from: Quest

oh my god you are going so many marks marks i don't want to give you answers sorry

Another question on Business

Business, 22.06.2019 16:20

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve

Answers: 1

Answer

Business, 22.06.2019 16:40

Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.

Answers: 1

Answer

Business, 22.06.2019 18:10

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

Answers: 1

Answer

Business, 22.06.2019 20:20

Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.

Answers: 2

Answer

You know the right answer?

Consider the following information about two nations: In nation A, the number of employed is 4,829,0...

Questions