A) The working-age population of Albuquerque falls into the following categories: 70 are retired or homemakers; 50 have full-time employment; 10 have part-time employment; 20 do not have employment but are actively looking for employment, and 10 would like employment but do not have employment and are not actively looking for employment. The unemployment rate is ______ percent.

A) The working-age population of Albuquerque falls into the following categories: 70 are retired or homemakers; 50 have full-time employment; 10 have part-time employment; 20 do not have employment but are actively looking for employment, and 10 would like employment but do not have employment and are not actively looking for employment. The unemployment rate is ______ percent.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Business Cycles And Unemployment

Section: Chapter Questions

Problem 8SQP

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