CategoryDiscouraged workersUnemployed workersEmployed workersPopulation (16 years and over)Number (millions)1540100225In the above table, the unemployment rate isSelect one:a.18 percent.O b. 6 percent.c.24 percent.O d. 29 percent.

The unemployment rate is the number of persons who are unemployed out of the total number of persons…

Answered: In the above table, the unemployment…

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In the above table, the unemployment rate is

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Unemployment

Section: Chapter Questions

Problem 4PA

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Question

Category
Discouraged workers
Unemployed workers
Employed workers
Population (16 years and over)
Number (millions)
15
40
100
225
In the above table, the unemployment rate is
Select one:
a.
18 percent.
O b. 6 percent.
c.
24 percent.
O d. 29 percent.

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