Complete

question 118

Short Answer

Complete:
$$\begin{array} { | l | l | l | } \hline { \text { Current Assets } } & { \text { Amount } } & { \begin{array} { c } \text { Percent (round to hundredths } \\\% )\end{array} } \\\hline \text { Cash } & \$ 27,000 & \text { B } \\\hline \text { Accts Receivable } & \$ 12,000 & \text { C } \\\hline \text { Prepaid Rent } & \$ 4,000 & \text { D } \\\hline \text { Merchandise Inventory } & \$ 8,000 & \text { E } \\\hline \text { Total Current Assets } & \text { A } & 100 \% \\\hline\end{array}$$

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Definitions:

Unemployment Rate

The component of the labor force that is unoccupied by work but is in pursuit of employment opportunities.

U-4 Unemployment Rate

A measurement of the labor force that includes the total unemployed, plus discouraged workers who have stopped looking for employment.

Labor Force Participation Rate

The percentage of the population ages 16 and over that is working or actively seeking work.

Adult Population

A demographic group consisting of individuals who have reached the age where they are legally recognized as adults, important for analyses related to labor, voting, and consumption.