Unemployment and Inflation (Chapter 9) Working-age population 235,900 Employment Unemployment Unemployment rate 9.4% Labor force Labor force participation rate 65.5% 2.1 Fill in the missing values in the table of data collected in the household survey for December, 1996. The working-age population, employment, unemployment, and labor force are measured in thousands. Show your work 2.2 Explain what economists mean by full employment and why this rate of unemployment is not zero
Unemployment and Inflation (Chapter 9) Working-age population 235,900 Employment Unemployment Unemployment rate 9.4% Labor force Labor force participation rate 65.5% 2.1 Fill in the missing values in the table of data collected in the household survey for December, 1996. The working-age population, employment, unemployment, and labor force are measured in thousands. Show your work 2.2 Explain what economists mean by full employment and why this rate of unemployment is not zero
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 8P
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