All population of the country is 1 300 000. In age group 15-74 are 1 000 000 inhabitants. Active population is 700 000, unemployed are 50000 individuals. What is the number of passive population in age group 15-74, employed people and the unemployment rate of that country?

All population of the country is 1 300 000. In age group 15-74 are 1 000 000 inhabitants. Active population is 700 000, unemployed are 50000 individuals. What is the number of passive population in age group 15-74, employed people and the unemployment rate of that country?

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 18RQ: Are U.S. unemployment rates distributed evenly across the population?

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Question

All population of the country is 1 300 000. In age
group 15-74 are 1 000 000 inhabitants. Active
population is 700 000, unemployed are 50000
individuals. What is the number of passive
population in age group 15-74, employed people
and the unemployment rate of that country?

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