The following table shows Metropolis' population and employment data. What is the approximate unemployment rate in Metropolis according to this data? Status Number of people 300,000 425,000 75,000 50,000 65,000 Children 0-15 years old Employed Unemployed Discouraged Adult workers Stay-at-home parents and other non-working civilians over 18 Retired individuals Select one: а. 12% b. 15% c. 26% d. 18% 60,000
The following table shows Metropolis' population and employment data. What is the approximate unemployment rate in Metropolis according to this data? Status Number of people 300,000 425,000 75,000 50,000 65,000 Children 0-15 years old Employed Unemployed Discouraged Adult workers Stay-at-home parents and other non-working civilians over 18 Retired individuals Select one: а. 12% b. 15% c. 26% d. 18% 60,000
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 5CQ
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