Exhibit 12-2 Unemployment categories # of Individuals Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers Underemployed workers Fully employed workers Population Select one: O O O O 20 The unemployment rate for the economy in Exhibit 12-2 is: a. 21.5 percent. b. 30.5 percent. c. 12.8 percent. d. 22.2 percent. 35 60 5 10 410 900

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Exhibit 12-2 Unemployment categories
# of
Individuals
Category
Frictional unemployment
Structural unemployment
Cyclical unemployment
Discouraged workers
Underemployed workers
Fully employed workers
Population
Select one:
O
O
O
O
20
The unemployment rate for the economy in
Exhibit 12-2 is:
a. 21.5 percent.
b. 30.5 percent.
c. 12.8 percent.
d. 22.2 percent.
35
60
5
10
410
900
Transcribed Image Text:Exhibit 12-2 Unemployment categories # of Individuals Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers Underemployed workers Fully employed workers Population Select one: O O O O 20 The unemployment rate for the economy in Exhibit 12-2 is: a. 21.5 percent. b. 30.5 percent. c. 12.8 percent. d. 22.2 percent. 35 60 5 10 410 900
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