13% of the world's output.
Suppose the town of boone has a total population of 50,000 people. of those, 45,000 people are employed. there are 1,000 full-time students who are not employed or actively seeking work. the rest of the people are out of work but have been actively seeking work within the past four weeks. instructions: in part a, round your answer to 1 decimal place. in part b, enter your answer as a whole number.
a. what is boone's unemployment rate?
The unemployment rate of boone's region is 8.2%.
Unemployment rate basically means the rate of active and able people who are jobless in the country.
We need to first calculate Labor forceLabor force = Total population - Full-time students
Labor force = 50,000 - 1,000
Labor force = 49,000
We need to first calculate Number of unemployedNumber of unemployed = Labor force - Number of employed
Number of unemployed = 49,000 - 45,000
Number of unemployed = 4,000
We need to calculate Unemployment rate
Unemployment rate = (Number of unemployed / Labor force) * 100
Unemployment rate = (4,000/49,000) * 100
Unemployment rate = 8.16%
Unemployment rate = 8.2%
Therefore, in conclusion, Boone's unemployment rate is 8.2%.
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The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations:
In january 2007, the average price of an asset was $28,158. 8 years earlier, the average price was $21,408. what was the annual increase in selling price?
A non-linear production possibilities model assumes that
Answer: See explanation
Explanation: A non-linear production possibilities model assumes that with rational resource allocation decisions, the opportunity cost of producing more will rise. That is, some resources are specialized to be more productive in one use than in another. It is represented with a negatively sloped line because production of different types of products will compete for limited resources. It also illustrates the variations in the amounts that can be produced of two products if both products depend upon the same finite resource for their manufacture.
A consumer chooses an optimal consumption point where the
a. slope of the indifference curve exceeds the slope of the budget constraint by the greatest amount.
b. ratio of the marginal utilities equals the ratio of the prices.
c. marginal rate of substitution is maximized.
d. all of the above are correct.
The correct answer is c. marginal rate of substitution is maximized.
When a consumer chooses an optimal consumption point, they aim to maximize their satisfaction or utility by making trade-offs based on the relative prices of goods.
Explanation:The correct answer is c. marginal rate of substitution is maximized. When a consumer chooses an optimal consumption point, they aim to maximize their satisfaction or utility. This occurs where the marginal rate of substitution (MRS), which represents the rate at which a consumer is willing to trade one good for another, is equal to the ratio of the prices of the two goods. At this point, the consumer is maximizing their satisfaction within the constraints of their budget.
For example, if a consumer has a strong preference for laptops over smartphones and laptops are relatively more expensive than smartphones, the consumer would be willing to give up more laptops to obtain one smartphone. When the consumer reaches a point where the MRS equals the price ratio, they have reached their optimal consumption point.
Keywords: optimal consumption point, indifference curve, budget constraint, marginal rate of substitution, utility, MRS, prices, satisfaction, budget
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When deciding whether to offer a loan, a lending institution would look more favorably upon a borrower who
a has a high debt-to-credit ratio
b consistently lives outside his or her means
c has a relatively low credit score
d has no history of late bill payments
When a person reasonably believes that he will suffer immediate harm or death if he does not commit a felony as directed would use the defense of _____.
A) infancy
B) intoxication
C) insanity
D) duress
Answer:
The correct answer is d duress
Explanation:
A service management tool has the ability to store templates for common incidents that define the steps to be taken to resolve the fault. what are these called?
Service management tools use 'incident templates' or 'response templates' as prepackaged guides for resolving common faults, streamlining the process by ensuring their accessibility and allowing teams to save them as new templates for continuous improvement.
In the context of a service management tool, the ability to store prepackaged templates for common incidents is incredibly valuable. These templates are often called 'incident templates' or 'response templates,' and they serve as predefined guides that outline the specific steps one should take to address and resolve common issues or faults within a system. They contribute to efficient and consistent incident management by ensuring their accessibility to IT support staff and can be customized to meet the particular needs of an organization.
Further streamlining the process, teams can save them as a new template after making any necessary modifications specific to a new incident, thus continually updating the knowledge base and ensuring that the most effective practices are readily available for future use.
Todd silver is the purchasing agent for moore co. one of his suppliers, gem co. offers todd a free vacation to france if he buys at least 75% of moore's supplies from gem co. todd, who was angry because moore co. has not given him a raise in over a year, is considering the offer. post your recommendation to todd and comment on at least one of your classmates' posts.
You just watched a commercial in which a popular singer picks up a soda before going on stage. When the singer drinks the soda, he appears to feel more confident. He then looks at the screen and says, "This is the soda I need to make me feel like a star!" What technique has the advertising company used to persuade you to buy the soda?
A. Bandwagon
B. Plain Folks
C. Science Evidence
D. Testimonials
The answer is "D. Testimonials".
In promotion and of publicizing, a testimonial or show comprises of a man's composed or talked explanation lauding the goodness of an item. The term "testimonial" most regularly applies to the attempts to close the deal credited to common nationals, while "endorsement" more often than not holds a candle to the current situation to pitches by famous people. Testimonials can be a piece of mutual advertising. Once in a while, the animation character can be a testimonial in a business.
Select all that apply.
Why are protective tariffs considered negative?
They cause imports increase.
They cause imports to decrease.
Countries usually raise tariffs in retaliation.
Exports often decrease.
They cause people to buy more goods produced by their home countr
Answer:
The correct answers are letters "B", "C" and, "D":
B) They cause imports to decrease.
C) Countries usually raise tariffs in retaliation.
D) Exports often decrease.
Explanation:
Protective tariffs are taxes imposed on the import of certain products in order to protect the domestic manufacture of the same good. This action will cause the imported products to be more expensive since there are more taxes to be paid. After a period of time, those imported products will decrease in quantity but, in retaliation, the exporters will pass tariffs to the country that originally started to place them. This cycle will cause exports to slow down as well.
What values does FCCLA emphasize? Check all that apply.
family
physical fitness
leadership
health care
FCCLA emphasizes family and leadership. Thus option A and C is correct.
What is FCCLA?The nonprofit organization Family, Career and Community Leaders of America serves young people studying family including consumer economics in both public as well as private schools.
By taking part in important tournaments, holding senior roles, symposiums across the country, connecting with other young people in leadership positions, and developing crucial college- and employer skills, FCCLA members will develop their skills, forge social connections, and positively have an impact today.
Develop practical skills that will enable you to succeed in both college and the workplace. Investigate the numerous career paths available in the family and marketing sciences. Therefore, option A and C is the correct option.
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You plan to go to school this summer. if you do, you won't be able to take your usual summer job that pays $10 comma 000 for the summer. the cost of tuition is $2 comma 000 and textbooks cost $300. you live with your family, which covers your living expenses of $1 comma 900. what is your opportunity cost of going to school this summer? your opportunity cost of going to summer school is $ nothing.
"all employees must be at their work stations and ready to work by the time the buzzer sounds." this is an example of ________.
The price elasticity of demand measures the ________ that results from a ________.
The price elasticity of demand refers to the percentile change in quantity requested as a consequence of a price change.
The price elasticity is a metric that measures how sensitive a product's quantity sought is to price changes. When all other factors of demand are maintained constant, it is the proportion change in quantity sought in proportion to a single change in its price.
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PLEASE HELP I DO NOT UNDERSTAND AT ALL!!!!!!!!!!!!!!!!
If your money market account earns 12% interest each year, about how long would it take for your account to double?
a.12 years
b.72 years
c.6 years
d.9 years
If your parents are interested in saving for retirement, which method would you recommend so that they could figure out exactly how long it takes to double their money?
a.Compound Interest Calculator
b.Rule of 72
c.Rule of 27
d.None of the above
Your brother decides to invest in the stock market in a company that is expected to pay dividends. Which option would you recommend if he wants to receive a dividend check from the company?
a.Cash dividends
b.Dividend refunds
c.Reinvested dividends
d.None of the above
4.
Which of the following would most likely produce the best rate of return on your investment?
a.Stock investment with a 7% average rate of return.
b.Savings account with a 3% interest rate
c.Mutual fund with a 5% average rate of return.
d.Checking account with 1.5% interest rate
5.
You want to invest in something that has a fixed interest rate. Which would you choose?
a.Stocks
b.Mutual funds
c.Bonds
d.None of the above
6.
You hear on the news that there is a market correction occurring in the stock market. What does this typically mean?
a.Stocks fall by 10%
b.The value of stocks increase by 10%
c.The market corrects itself by adding 10% to all stocks
d.None of the above
You go clothes shopping and find a great pair of jeans. They fit you perfectly, but they also cost $100. You are willing to buy them, but you only have $50 in your wallet to spend on new clothes. The pair of jeans _____ as demand for you.
a)count
b)might count
c)do not count
Answer:
The correct answer is option c.
Explanation:
The demand for a product is the willingness of a buyer to purchase a product and the capacity to pay for it at certain price levels.
Only the willingness to purchase does not count as a demand if the consumer cannot afford to purchase the product.
In the given example, the consumer does not have enough money to afford the jeans, so it will not count as demand.
Your grandparents would like to establish a trust fund that will pay you and your heirs $200,000 per year forever with the first payment 11 years from today. if the trust fund earns an annual return of 3.9 percent, how much must your grandparents deposit today?
To fund a trust that pays $200,000 per year forever starting 11 years from today with an annual return of 3.9%, your grandparents need to deposit $3,374,935.85 today.
The formula for the present value of a perpetuity given an interest rate r is PV = PMT / r. When the first payment is deferred for T years, the present value today is calculated as PV = (PMT / r) / (1 + r)^T.
In this case, PMT is $200,000 (the annual payment), r is 3.9%, and T is 11 years (the number of years until the first payment). Putting these values into the formula, we get:
PV = ($200,000 / 0.039) / (1 + 0.039)^11
PV = $5,128,205.13 / (1.039)^11
PV = $5,128,205.13 / 1.52023
PV = $3,374,935.85
Therefore, your grandparents need to deposit $3,374,935.85 today to fund the trust.
Lance lopes went to his bank to find out how long it will take for $1,500 to amount to $2,700 at 15% simple interest. can you solve lance's problem? (round time in years to the nearest tenth.)
Answer:
here u go
Explanation:
T=1,200/(1,500)(.15)
T=1,200/225
T=5.3 years
It would take Lance 5.3 years
Three good indicators of just how well a company's present strategy is working are
Hiking in the woods, you keep swatting at the irritating mosquitoes that land on your face. later, you're surprised to discover a number of itchy mosquito bites on your legs. the reason you noticed the mosquitoes landing on your face but did not notice the mosquitoes landing on your legs is probably because:
The best explanation is:
D. Heat from your leg muscles masked the sensation of the biting mosquitoes.
The heat produced by your leg muscles may have obscured the sensation of the mosquitoes landing and biting, so you probably didn't notice the bites on the backs of your legs. Heat has the ability to lessen one's sense of outside stimuli, such as bug bites. Furthermore, compared to the face, the larger skin on the legs may have fewer sensory receptors, making it less sensitive to finer stimuli like insect landings. The combination of decreased sensitivity and heat produced by your muscles may have made the bites on your legs less noticeable, but the increased sensitivity and close proximity to sensory organs on your face may have made you more conscious of mosquitoes landing on your face.
Complete correct question:
Hiking in the woods, you keep swatting at the pesky mosquitoes that land on your face. Later, you're surprised to discover several mosquito bites on the backs of your legs. The best explanation of why you noticed the mosquitoes landing on your face but did not notice them landing on your legs is:
A.there are more sensory receptors for touch in your facial skin than in the skin on the backs of your legs.
B.there is no difference in sensitivity between the skin on your face and the skin on your legs, but you were able to hear the mosquitoes buzzing around your face the couldn't hear the ones by your legs.
C.there are no Pacinian corpuscles in the skin on your legs.
D.heat from your leg muscles masked the sensation of the biting mosquitoes.
Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. fast-food franchise. B. riding stable. C. restaurant. D. legal research service.
Answer:
The answer is B. Riding Stable
Explanation:
So, during the __________ phase of the new product development process, the team at fiber one tested different product formulations for its new fiber one bars to ensure the product achieved the optimum taste-fiber trade-off.
Horace is reviewing a document that shows the results of his firm's operations over a period of one year. horace is looking at the:
What is the future value of $2,600 in 19 years assuming an interest rate of 7.9 percent compounded semiannually?
On june 1 a school district levies the property taxes for its fiscal year that will end on june 30. the total amount of the levy is $1,000,000 and 1% is expected to be uncollectible. of the levy, $250,000 is collected in june and another 500,000 is collected in july and and august. what is the maximum amount of property tax revenue associated with the june 1 levy that the school district might report as revenue in the fiscal year ending june 30?
When taking messages for another person, a good rule to follow is to A. suggest that someone else at the company might be better suited to assist the caller. B. politely inform the caller that the person for whom the message is being taken probably won't return the call for a few days. C. ask the caller if you've spelled his or her name correctly. D. write down the number that appears on a Caller ID screen rather than the number the caller gives.
Mr. miser loans money at an annual rate of 22 percent. interest is compounded daily. what is the actual rate mr. miser is charging on his loans?
The price of the stock divided by the profits per share of stock is known as the
One popular system for defining effective goals uses the acronym SMART, which stands for
SMART is an acronym that is used as a guide for effective goal setting. SMART stands for Specific, Measurable, Achievable, Relevant, Timely. A goal should be Specific, measurable, achievable, relevant, and timely so that you will be able to make your goals come true.