A survey has been taken of people in a neighborhood. The breakdown of the population is as follows:Total population = 1,318+ 128 +509 +52 +38Number employed = 1,318Housewives or househusbands = 128Number actively looking for a job = 509Number retired=52Under 16 years of age = 38 What is the unemployment rate?

A survey has been taken of people in a neighborhood. The breakdown of the population is as follows:Total population = 1,318+ 128 +509 +52 +38Number employed = 1,318Housewives or househusbands = 128Number actively looking for a job = 509Number retired=52Under 16 years of age = 38 What is the unemployment rate?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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