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)
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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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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
Transcribed Image Text: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
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