The unemployment rate equals 5.10 percent
What is unemployment rate?
Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.
The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:
unemployment rate=unemployed/labor force
unemployed=7.8 million
labor force=153 million
unemployment rate=7.8 million/153 million
unemployment rate=5.10%
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Answer:
A. Specific Purpose
Explanation:
This is 101 for anyone who wants to write an effective speech, knowing what you want to accomplish and what you want the audience to do by the end of your speech is the idea behind this.
Answer: Employers must send the <u>W2 form</u> to the Internal Revenue Service (IRS) at the end of the year.
The Wage and Tax statement, more commonly known as the W2 form, must be filed by the employers with the IRS by 31st January, irrespective of whether it’s being filed manually (on paper) or electronically.
The employees must also mail or make arrangements to send the W2 form to their employees by the same date.
Answer:
Option (D) is correct.
Explanation:
Asymmetric information occurs in a situation in which one of the two parties involved in a particular transaction have more information than the other party. This problem mostly occurs in a health insurance market where the a person to be insured have more information about his health than the insurance company.
Asymmetric information will result in two problems are as follows:
(i) Adverse selection
(ii) Moral hazard
