NOT: A the Unemployment Rate Is Calculated As: (Number of Unemployed

question 190

Essay

NOT: a. The unemployment rate is calculated as: (number of unemployed / labor force) x 100. Here the number of unemployed is not explicitly stated. To find the number of unemployed, subtract the number of employed from the labor force (since labor force = employed + unemployed). Once that is found, it is easy to find the unemployment rate.
b. The relevant population is calculated as: the total number of people in the labor force + the number of people not in the labor force. c. The labor-force participation rate is calculated as: (labor force / relevant population) x 100. Once you have found the relevant population from part b, you just need to use it in this equation
-What would one expect to happen to the labor-force participation rate if the following situations occurred?
a.A large percentage of the workforce retires.
b.The government begins to subsidize current workers who go back to school full-time to attain an advanced degree.
c.The government offers a transfer payment to discouraged workers and to unemployed workers.

Discuss major shifts in family life and societal expectations since the 1960s.

Understand the role and significance of different plasma proteins in blood function.

Identify and describe various forms of anemia and their causes.

Recognize the components of blood and their individual functions.

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Definitions:

GAAP

Generally Accepted Accounting Principles; a set of accounting standards and practices used for financial reporting in the U.S.

True Locality Rule

A legal principle ensuring that a case is tried in the jurisdiction where the events in question occurred.

Standard Of Care

The degree of care and caution required by law, which a reasonable person should take in a specific situation.

Socioeconomic Character

Descriptive attributes of individuals or groups based on their economic and social position in society.