The table below shows the data for males and females ages 16 and over in the country of Scoob in 2020: Not in labor force Men 45 million Women 35 million Unemployed Men 5 million Women 5 million Employed Men 85 million women 65 million What was the unemployment rate in Scoob in 2020? (answer in percentage to the nearest 2 decimal places

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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QUESTION 11

  1. The table below shows the data for males and females ages 16 and over in the country of Scoob in 2020:

    Not in labor force

    Men

    45 million

    Women

    35 million

    Unemployed

    Men

    5 million

    Women

    5 million

    Employed

    Men

    85 million

    women

    65 million

  2. What was the unemployment rate in Scoob in 2020? (answer in percentage to the nearest 2 decimal places
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