In millions150Civilian populationPeople incapable of working 20People not looking for work 30OEmployed workersUsing the table above, the unemployment rate is:90Select one:O a.10%O b. 40%O c 90%Od. 31%

Unemployment rate is the proportion of labor force which is looking for a job and are able to work.

In millions Civilian population 150 People incapable of working 20 People not looking for work 30 Employed werkers Using the table above, the unemployment rate is: 90 Select one: 10% O b. 40% Oc. 90% O d. 31%

In millions Civilian population 150 People incapable of working 20 People not looking for work 30 Employed werkers Using the table above, the unemployment rate is: 90 Select one: 10% O b. 40% Oc. 90% O d. 31%

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

In millions
150
Civilian population
People incapable of working 20
People not looking for work 30O
Employed workers
Using the table above, the unemployment rate is:
90
Select one:
O a.
10%
O b. 40%
O c 90%
Od. 31%

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