The following table shows Metropolis' population and employment data. What is the approximate unemployment rate in Metropolis according to this data? Status Number of people 300,000 425,000 75,000 50,000 65,000 Children 0-15 years old Employed Unemployed Discouraged Adult workers Stay-at-home parents and other non-working civilians over 18 Retired individuals Select one: а. 12% b. 15% c. 26% d. 18% 60,000
The following table shows Metropolis' population and employment data. What is the approximate unemployment rate in Metropolis according to this data? Status Number of people 300,000 425,000 75,000 50,000 65,000 Children 0-15 years old Employed Unemployed Discouraged Adult workers Stay-at-home parents and other non-working civilians over 18 Retired individuals Select one: а. 12% b. 15% c. 26% d. 18% 60,000
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section20.1: Identifying Unemployment
Problem 1QQ
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