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%

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 26RQ: What is frictional unemployment? Give examples of frictional unemployment.

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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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