subject
Business, 26.11.2019 00:31 ic838847

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.
person status
a. yakov is a 20-year-old professional tennis player. when he's not competing, he works as a coach at a local tennis club.
b. ana is a 42-year-old autoworker who was just laid off by her employer. she is trying to find any kind of job to make ends meet.
c. charles is a 41-year-old graphic designer who is taking 2 years off from work to care for his small daughter.
d. juanita is a 29-year-old who lost her job as an associate producer for a radio station. after spending a few weeks out of work and interviewing for several other positions, she gave up on her job search and decided to go back to grad school. she made that decision a few months ago.
e. gilberto is a famous novelist. he is spending the summer at his lake house in upstate new york, doing a little writing each day but mostly spending his time gardening and reading.
f. dina is a 10-year-old student at southside middle school. she baby-sits her younger sister and does other chores for which her parents give her an allowance of $20 per week.

there are status = employed / not in the labor force / not in the adult population / unemployed
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%

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:30
)murphy was consuming 100 units of x and 50 units of y . the price of x rose from 2 to 3. the price of y remained at 4. (a) how much would murphy’s income have to rise so that he can still exactly afford 100 units of x and 50 units of y ? g
Answers: 1
question
Business, 22.06.2019 21:00
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
Answers: 2
question
Business, 23.06.2019 00:10
Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Answers: 3
question
Business, 23.06.2019 02:00
Here are the expected cash flows for three projects: cash flows (dollars) project year: 0 1 2 3 4 a − 6,100 + 1,275 + 1,275 + 3,550 0 b − 2,100 0 + 2,100 + 2,550 + 3,550 c − 6,100 + 1,275 + 1,275 + 3,550 + 5,550 a. what is the payback period on each of the projects? b. if you use a cutoff period of 2 years, which projects would you accept?
Answers: 2
You know the right answer?
Consider a small economy composed of six people: yakov, ana, charles, dina, juanita, and gilberto....
Questions
question
Spanish, 27.08.2020 01:01
question
Mathematics, 27.08.2020 01:01
question
English, 27.08.2020 01:01
question
Mathematics, 27.08.2020 01:01
question
Mathematics, 27.08.2020 01:01
question
Mathematics, 27.08.2020 01:01
question
Mathematics, 27.08.2020 01:01
question
Mathematics, 27.08.2020 01:01