Consider the following table that describes how everyone living in medieval England was classified. Total Population in Medieval England 25,000 # of merchants (selling clothing, jewelry, perfume, shoes, misc. items) # of people currently without work, but seeking employment # of students enrolled full-time in university # of people working in the ale, wine and beer industry # of people in building (blacksmiths, stone cutters, wood carvers, builders) # of scholars and teachers # serving out prison sentences in the dungeons 1,250 800 700 1,200 3,500 2500 1,500 # of wives raising children and running their own households 600 # of servants working for royalty or aristocrats 3,000 # of children enrolled in schools 900 # of people in the agricultural/livestock industry (ranchers, stable boys) # serving as soldiers to defend the country # of people not seeking work (members of the aristocracy) # of people in the food/drink industry (cooks, butchers) # of patients living in mental health institutions 2,750 1,000 300 2,800 2,200 There are people considered "not able bodied". Do not include the comma (,) in your answer. %. Express your answer as an integer, The labour force participation rate is rounded to 1 decimal places (example: 0.1). The unemployment rate is %. Express your answer as an integer, rounded to 1
Consider the following table that describes how everyone living in medieval England was classified. Total Population in Medieval England 25,000 # of merchants (selling clothing, jewelry, perfume, shoes, misc. items) # of people currently without work, but seeking employment # of students enrolled full-time in university # of people working in the ale, wine and beer industry # of people in building (blacksmiths, stone cutters, wood carvers, builders) # of scholars and teachers # serving out prison sentences in the dungeons 1,250 800 700 1,200 3,500 2500 1,500 # of wives raising children and running their own households 600 # of servants working for royalty or aristocrats 3,000 # of children enrolled in schools 900 # of people in the agricultural/livestock industry (ranchers, stable boys) # serving as soldiers to defend the country # of people not seeking work (members of the aristocracy) # of people in the food/drink industry (cooks, butchers) # of patients living in mental health institutions 2,750 1,000 300 2,800 2,200 There are people considered "not able bodied". Do not include the comma (,) in your answer. %. Express your answer as an integer, The labour force participation rate is rounded to 1 decimal places (example: 0.1). The unemployment rate is %. Express your answer as an integer, rounded to 1
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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