In millionsCivilian population150People incapable of working 20People not looking for work 30Employed workersUsing the table above, the unemployment rate is:90Select one:O a. 90%O b. 10%c.С.31%O d. 40%nis page

Answer: Unemployment rate: the unemployment rate is the ratio of the unemployed population to the…

In millions Civilian population 150 People incapable of working 20 People not looking for work 30 Employed workers 90 Using the table above, the unemployment rate is: Select one: O a. 90% O b. 10% О с. 31% O d. 40%

In millions Civilian population 150 People incapable of working 20 People not looking for work 30 Employed workers 90 Using the table above, the unemployment rate is: Select one: O a. 90% O b. 10% О с. 31% O d. 40%

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 26RQ: What is frictional unemployment? Give examples of frictional unemployment.

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Question

In millions
Civilian population
150
People incapable of working 20
People not looking for work 30
Employed workers
Using the table above, the unemployment rate is:
90
Select one:
O a. 90%
O b. 10%
c.
С.
31%
O d. 40%
nis page

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