The Bureau of Labor Statistics (BLS) uses a Monthly Current Population Survey (CPS) to generate the national unemployment rate, which includes a sample of approximately 110,000 people in 60,000 households. The BLS assigns individuals to one of three classifications: employed, unemployed, or not in the labor force. The monthly unemployment rate is 90% accurate, with […]
Taxi fares can be fixed or calculated based on usage, time, and mileage. Usage fees are charged immediately, and time and mileage charges are added later. Tipping is expected and ranges from 10-20% of the fare. Heavy traffic can increase costs, and walking or taking a bus may be cheaper in some cases. Taxi fares […]
The EPA calculates emissions statistics based on CO2 produced per gallon of gasoline, fuel economy, and miles traveled. Greenhouse gases, including CO2, methane, nitrous oxide, and hydrofluorocarbons, contribute to emissions. CO2 contributes 95% of greenhouse gases and is the primary focus. The average passenger car emits 5.48 tonnes of CO2 per year based on 12,000 […]
Alimony requirements and payment amounts vary by country, with factors such as income, standard of living, and length of relationship taken into account. Alimony derives from common law principles of marriage, and important factors in determining payments include each spouse’s ability to earn a living, income, standard of living, length of marriage, and presence of […]
Calculated intangible value (CIV) is a formula used to determine the value of a company’s intangible assets. It involves calculating the excess return on assets, subtracting taxes, and discounting the result. Critics argue that intangible assets are subject to depreciation and fluctuation in value. The calculated intangible value of a company is a means of […]
Standardized test scoring methods include percentages, averages, grade-level norms, specific performance requirements, and raw scores. Multiple-choice questions are common, and tests are usually evaluated by computer programs. Raw scores can be converted to percentages, and averages are used in some tests, such as the IQ test and graduate program exams. Grade-level averages compare scores to […]
The Consumer Price Index (CPI) is a measure of inflation in an economy, calculated using two formulas for single items or a basket of goods. Economists choose a base year and weight each item in the basket to accurately represent an individual’s needs. The Consumer Price Index (CPI) is a standard calculation for determining inflation […]
