onable to work. The unemployment rate in this country equalsAS million employed, 9 millon pensioners, 4 milion unermpioyed and 1 million people who are physicallya country with a populaion of 50 million people, there are 20 milion children under the age of 15 years,able to work. The unemployment rate in this country equalsA 10%.B 13,3%C 20%.D 25%.23. Refer to the table below that contains information about the Consumer Price Index in Mythopia,in order to answer the question.YearConsumer Price Index100,020102011112,12012120.8The unit of currency in Mythopia is the Myth.Between 2010 and 2012, the purchasing power of the oonsumer's MythA Decreased to 20,8 cents.Decreased to 120,8 cents.C Decreased to 83 cents.D Decreased to 93 cents.B.

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Answered: and A 10%. B 13,3% C 20%. D 25%.

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and A 10%. B 13,3% C 20%. D 25%.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

onable to work. The unemployment rate in this country equals
AS million employed, 9 millon pensioners, 4 milion unermpioyed and 1 million people who are physically
a country with a populaion of 50 million people, there are 20 milion children under the age of 15 years,
able to work. The unemployment rate in this country equals
A 10%.
B 13,3%
C 20%.
D 25%.
23. Refer to the table below that contains information about the Consumer Price Index in Mythopia,
in order to answer the question.
Year
Consumer Price Index
100,0
2010
2011
112,1
2012
120.8
The unit of currency in Mythopia is the Myth.
Between 2010 and 2012, the purchasing power of the oonsumer's Myth
A Decreased to 20,8 cents.
Decreased to 120,8 cents.
C Decreased to 83 cents.
D Decreased to 93 cents.
B.

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