In 2019 Zanadu had a total population of 550 pcoplc. Out of that 550 pcople; 110 werc under the age of 16; 120 were not in the labor force; 10 were unemploycd, and 15 were part-time workers were looking for full-time jobs. (A). What was Zanadu's uncmployment rate for 2019?
In 2019 Zanadu had a total population of 550 pcoplc. Out of that 550 pcople; 110 werc under the age of 16; 120 were not in the labor force; 10 were unemploycd, and 15 were part-time workers were looking for full-time jobs. (A). What was Zanadu's uncmployment rate for 2019?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
9
Transcribed Image Text:In 2019 Zanadu had a total population of 550 pcople. Out of that 550 pcople, 110 were under the agc of 16;
120 wcre not in the labor force; 10 wcre uncmployed; and 15 wcre part-time workers were looking for full-timc
jobs.
(A).
What was Zanadu's uncmployment rate for 2019?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education