Please do fast ASAP In Country X the population is 100 people, of which S0 are working, 10 are looking for work S are too young to work 25 are retired senior citizens and 10 have takenthe winter off wok to shied the sopes. What is the unemployment rate?Oa 16.7%Oc 100%Od 20

Given: Population = 100 people Employed = 50 People who are looking for work = 10 Younger People…

In Country X he population 100 people, of which 50 are working, 10 ae looking for wok Sare too young to work 25 are retired senior otizens and 10 have taken the winter off work to shed the sopes What is the unemployment ate OA M7% OK 100% Od 24N

In Country X he population 100 people, of which 50 are working, 10 ae looking for wok Sare too young to work 25 are retired senior otizens and 10 have taken the winter off work to shed the sopes What is the unemployment ate OA M7% OK 100% Od 24N

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please do fast ASAP

In Country X the population is 100 people, of which S0 are working, 10 are looking for work S are too young to work 25 are retired senior citizens and 10 have taken
the winter off wok to shied the sopes. What is the unemployment rate?
Oa 16.7%
Oc 100%
Od 20

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