Unemploymentsummary before Tim moved back toCittadina.Susan, BLS AnalystNow that Tim is a resident, what is Cittadina'slabor force participation rate?=Happy Economics MentorThat is correct!It is still 100 percent.Susan, BLS AnalystNow that Tim is a resident, I need torecalculate Cittadina's unemployment rate.Does the unemployment rate change?Yes, it decreases to 16.67 percent.No, it stays at 20 percent.Yes, it increases to 22.33 percent.SubmitType here to searchB10Initial Summary TableInitial Summary TableIndividualJoelRileySamuelTanishaCherylRobertTotalsEmployedOFHUnemployedReturn to ActivityWorking AgeSM Susan, BLS AnalystNow that Tim is a resident, I need torecalculate Cittadina's unemployment rate.Does the unemployment rate change?Yes, it decreases to 16.67 percent.No, it stays at 20 percent.Yes, it increases to 22.33 percent.Submit

The unemployment rate is the rate that calculates the percentage of unemployed people in the labour…

Now that Tim is a resident, I need to recalculate Cittadina's unemployment rate. Does the unemployment rate change? Yes, it decreases to 16.67 percent. No, it stays at 20 percent. Yes, it increases to 22.33 percent. 1

Now that Tim is a resident, I need to recalculate Cittadina's unemployment rate. Does the unemployment rate change? Yes, it decreases to 16.67 percent. No, it stays at 20 percent. Yes, it increases to 22.33 percent. 1

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 30CTQ: Using the definition of the unemployment rate, is an increase in the unemployment rate necessarily a...

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Question

Unemployment
summary before Tim moved back to
Cittadina.
Susan, BLS Analyst
Now that Tim is a resident, what is Cittadina's
labor force participation rate?
=
Happy Economics Mentor
That is correct!
It is still 100 percent.
Susan, BLS Analyst
Now that Tim is a resident, I need to
recalculate Cittadina's unemployment rate.
Does the unemployment rate change?
Yes, it decreases to 16.67 percent.
No, it stays at 20 percent.
Yes, it increases to 22.33 percent.
Submit
Type here to search
B
10
Initial Summary Table
Initial Summary Table
Individual
Joel
Riley
Samuel
Tanisha
Cheryl
Robert
Totals
Employed
O
F
H
Unemployed
Return to Activity
Working Age
S
M

Susan, BLS Analyst
Now that Tim is a resident, I need to
recalculate Cittadina's unemployment rate.
Does the unemployment rate change?
Yes, it decreases to 16.67 percent.
No, it stays at 20 percent.
Yes, it increases to 22.33 percent.
Submit

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