Business
Business, 02.03.2020 21:56, Toady7396

Consider a small economy composed of six people: Yakov, Ana, Charles, Dina, Juanita, and Gilberto. Each person's employment status is described in the following table.

Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as Employed, Unemployed, "Not in the labor force" if not in the civilian labor force but still part of the adult population, or "Not in the adult population" if not in the civilian adult population. Sean is a 25-year-old professional tennis player. When he's not competing, he works as a coach at a local tennis club. Yvette is a 42-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet. Bob is a 78-year-old retired professor. He enjoys volunteering at the local public library. Ginny is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs. She is thinking about going back to grad school if her job search doesn't succeed after a few more weeks. Eric is a 17-year-old who just graduated from high school. He is taking it easy this summer, relaxing by the pool with his friends and family, and volunteering part-time at the local nursing home. Cho is a 10-year-old student at Southside Middle School. She babysits her younger sister and does other chores, so her parents give her an allowance of $25 per week. Complete the right half of the following equation to reflect the labor force participation rate reported by the BLS. According to this formula, what is the labor force participation rate of this economy of six people?

A. 33.33%

B. 40%

C. 50%

D. 60%ccording to this formula, what is the unemployment rate of this economy of six people?

1. 33.33%

2. 40%

3. 50%

4. 60%

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 06:00, Tayj91
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
Answers: 2
image
Business, 22.06.2019 17:00, justyne2004
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
image
Business, 22.06.2019 18:00, judali
David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?
Answers: 1
image
Business, 23.06.2019 02:10, netflixacc0107
Ben is the owner of a small organization with a few employees. he plans to have a data warehouse for the limited number of users in his organization. which data warehouse is most suited for ben's organization? o a. lan-based o b. stationary o c. distributed od. virtual
Answers: 2
Do you know the correct answer?
Consider a small economy composed of six people: Yakov, Ana, Charles, Dina, Juanita, and Gilberto. E...

Questions in other subjects:

Konu
Mathematics, 23.08.2019 04:30