This question is based on the following information about Rugrats: (The data below represents only Rugrats, of Winnecut, who are over the age of 16.) 10,000 Rugrats live in Winnecut 7000 Rugrats are employed 2000 Rugrats are not employed and are not looking for work 1000 Rugrats are not employed, but are looking and available for work The labor force participation rate in Winnecut is: 12.5% 20% 70% 80%
This question is based on the following information about Rugrats: (The data below represents only Rugrats, of Winnecut, who are over the age of 16.) 10,000 Rugrats live in Winnecut 7000 Rugrats are employed 2000 Rugrats are not employed and are not looking for work 1000 Rugrats are not employed, but are looking and available for work The labor force participation rate in Winnecut is: 12.5% 20% 70% 80%
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 7CQ
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123.) This question is based on the following information about Rugrats: (The data below represents only Rugrats, of Winnecut, who are over the age of 16.)
10,000 Rugrats live in Winnecut
7000 Rugrats are employed
2000 Rugrats are not employed and are not looking for work
1000 Rugrats are not employed, but are looking and available for work
The labor force participation rate in Winnecut is:
12.5%
|
||
20%
|
||
70%
|
||
80% |
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