The nation of Answeria has a labor force of 240,000. If 199,000 persons are employed in Answeria, the unemployment rate is ___ %. (Enter your response rounded to one decimal

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
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The nation of Answeria has a labor force of
240,000. If 199,000 persons are employed in
Answeria, the unemployment rate is
%.
-- -
(Enter your response rounded to one decimal
place.)
Transcribed Image Text:The nation of Answeria has a labor force of 240,000. If 199,000 persons are employed in Answeria, the unemployment rate is %. -- - (Enter your response rounded to one decimal place.)
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