Please calculate the unemployment rate from the following information. Population 300,000 Working-age population 200,000 Employed 100,000 Labor Force (LF) 140,000 Retired workers 6,000 Discouraged Workers 3,000 Select one: a. 4% b. 0.28% c. 28.57% d. 0.4%
Please calculate the unemployment rate from the following information. Population 300,000 Working-age population 200,000 Employed 100,000 Labor Force (LF) 140,000 Retired workers 6,000 Discouraged Workers 3,000 Select one: a. 4% b. 0.28% c. 28.57% d. 0.4%
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section: Chapter Questions
Problem 7QP
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Question
40)Please calculate the
Population |
300,000 |
Working-age population |
200,000 |
Employed |
100,000 |
Labor Force (LF) |
140,000 |
Retired workers |
6,000 |
Discouraged Workers |
3,000 |
Select one:
a. 4%
b. 0.28%
c. 28.57%
d. 0.4%
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