Level of Education Number of Economically Active People (in millions) Number of Unemployed People (in millions) Master's degree 25.1 LI Bachelor's degree 57.6 3.4 Associate degree 23.8 1.9 Some college 52.4 5.2 High school diploma 59.6 6.4 Less than high school diploma 21.5 3.5 termine the unemployment rates for all levels of education. Enter the answer for the category with the highest unemployment rate in the box low and round to one decimal place if necessary.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Level of Education
Number of Economically Active People (in millions) Number of Unemployed People (in millions)
Master's degree
25.1
1.1
Bachelor's degree
57.6
3.4
Associate degree
23.8
1.9
Some college
52.4
5.2
High school diploma
59.6
6.4
Less than high school diploma
21.5
3.5
Determine the unemployment rates for all levels of education. Enter the answer for the category with the highest unemployment rate in the box
below and round to one decimal place if necessary.
Transcribed Image Text:Level of Education Number of Economically Active People (in millions) Number of Unemployed People (in millions) Master's degree 25.1 1.1 Bachelor's degree 57.6 3.4 Associate degree 23.8 1.9 Some college 52.4 5.2 High school diploma 59.6 6.4 Less than high school diploma 21.5 3.5 Determine the unemployment rates for all levels of education. Enter the answer for the category with the highest unemployment rate in the box below and round to one decimal place if necessary.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Unemployment
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
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
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)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
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-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education