Suppose there are 50 million persons in the population, 25 million persons in the civilian labor force, and 20 million persons are employed. The number of people unemployed is _______ million and the unemployment rate is ___________ percent. Please choose correct option- A. 25; 50 B. 5; 10 C. 5; 20 D. 10; 10
Suppose there are 50 million persons in the population, 25 million persons in the civilian labor force, and 20 million persons are employed. The number of people unemployed is _______ million and the unemployment rate is ___________ percent. Please choose correct option- A. 25; 50 B. 5; 10 C. 5; 20 D. 10; 10
Chapter6: Business Cycles And Unemployment
Section: Chapter Questions
Problem 19SQ
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Suppose there are 50 million persons in the population, 25 million persons in the civilian labor force, and 20 million persons are employed. The number of people unemployed is _______ million and the
Please choose correct option-
A. 25; 50
B. 5; 10
C. 5; 20
D. 10; 10
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