The information in the table below is for the economy of Mensk. Round your responses below to one decimal place Working-age population Number of people in full-time employment Number of people in part-time employment Number of people unemployed Number of discouraged workers a. Unemployment rate b. Participation rate 32.0 17.0 6.0 3.8 2.3 a. What is the unemployment rate? Enter your response in the table above. b. What is the participation rate? Enter your response in the table above. % %
The information in the table below is for the economy of Mensk. Round your responses below to one decimal place Working-age population Number of people in full-time employment Number of people in part-time employment Number of people unemployed Number of discouraged workers a. Unemployment rate b. Participation rate 32.0 17.0 6.0 3.8 2.3 a. What is the unemployment rate? Enter your response in the table above. b. What is the participation rate? Enter your response in the table above. % %
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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