EP ECONOMICS,AP EDITION-CONNECT ACCESS
EP ECONOMICS,AP EDITION-CONNECT ACCESS
20th Edition
ISBN: 9780021403455
Author: McConnell
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 27, Problem 5DQ
To determine

The difficulty in determining the types of unemployment and the consequences of negative GDP.

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There are 20 million people in the "relevant population" on the planet of Mandalore. 15 million of these people are in the labor force, including 12.5 million who are employed and 2.5 million who are unemployed. What is the unemployment rate on Mandalore? 83.33% O 20% O 75% O 12.5% 16.67%
docs.google.com a 4. A country has a total adult population of 10 million, and of these 210 thousand are currently out of work and actively searching for new employment. A further 2.9 million are not working because they are retired, institutionalized, or simply choose not to work. Finally a total of 10o0 thousand citizens are currently enlisted with the military, what is the current unemployment rate? * 2.1% 3% 4.5% O 2.9% 5. Suppoco vOur fathor oarnod a ooloru O OO
If the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labor force, 10 million unemployed and 150 million employed, the unemployment rate is O 23.3% O 6.2% O 6.7% O 26.7%
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