In June, 2017, there were 254.4 million individuals in the US that were of working-age and non-institutionalized or in the military. That month, there were 160.2 million individuals in the labor force and 94.2 million individuals not in the labor force. Those not in the labor force are divided into those that do not want a job (88.5 million) and those that are not actively searching, but would take a job if offered one (5.7 million).You learn that of the 153.0 million workers that are employed, 10 million are involuntary part-time workers. All involuntary part-time workers would like to work twice as much and are considered, "half unemployed". What is the unemployment rate after considering the 10 million involuntary part-time workers?

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: