If the population of a country is 400 million, of whom 300 million are available to work, the unemployment rate is 3% and the participation rate is 65%, the number of employed and unemployed workers are, respectively: Group of answer choices 195.15 million and 6.55 million 290 million and 9 million 189.15 million and 5.85 million 260 million and 7.8 million
If the population of a country is 400 million, of whom 300 million are available to work, the unemployment rate is 3% and the participation rate is 65%, the number of employed and unemployed workers are, respectively: Group of answer choices 195.15 million and 6.55 million 290 million and 9 million 189.15 million and 5.85 million 260 million and 7.8 million
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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( please solve both the questions I will Rate positive definitely . Thank you)
1) If the population of a country is 400 million, of whom 300 million are available to work, the
Group of answer choices
195.15 million and 6.55 million
290 million and 9 million
189.15 million and 5.85 million
260 million and 7.8 million
2) An inflation rate that is positive implies what?
Group of answer choices
All of the other options
The level of prices is increasing over time
Living standards are declining over time
The growth rate of prices is increasing over time
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