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Assume that the total population of a country is 32 million,its labour force is 20 million,and 18.4 million workers are employed.What is the unemployment rate?
Carrying Amount
Also known as book value, this is the value of an asset as recorded in the company's balance sheet, after deducting accumulated depreciation or amortization.
Bond Discount Account
An account that shows the difference between the face value and the lower selling price of a bond, which is amortized over the life of the bond.
Balance Sheet
A financial statement that provides a snapshot of a company's financial condition at a specific point in time, detailing assets, liabilities, and equity.
Deduction
A deduction is an expense that can be subtracted from gross income in order to reduce the amount of income that is subject to tax.
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