Total population Working-age population Employed A (7,500/75,000) × 100. Unemployed Consider the data above for a simple economy. B (7,500/125,000) × 100. 125,000 C) (7,500/67,500) × 100. 75,000 Refer to Table 9-2. The unemployment rate for this simple economy equals D) (7,500/60,000) × 100. 60,000 7,500
Total population Working-age population Employed A (7,500/75,000) × 100. Unemployed Consider the data above for a simple economy. B (7,500/125,000) × 100. 125,000 C) (7,500/67,500) × 100. 75,000 Refer to Table 9-2. The unemployment rate for this simple economy equals D) (7,500/60,000) × 100. 60,000 7,500
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 1SCQ: Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9...
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