There are 100,000 adults in the population. 80,000 of them are in the labor force. 60,000 of the labor force are employed. What is the unemployment rate 1.25% 2. 20% 3.75% 4.40%
There are 100,000 adults in the population. 80,000 of them are in the labor force. 60,000 of the labor force are employed. What is the unemployment rate 1.25% 2. 20% 3.75% 4.40%
Chapter1: Making Economics Decisions
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![There are 100,000 adults in the population. 80,000 of them are in the
labor force. 60,000 of the labor force are employed. What is the
unemployment rate
1.25%
2. 20%
3.75%
4.40%
O 1.
2.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcc2f81cc-227f-440c-900b-9673824c710b%2F2964c150-ade2-4afa-825a-98a86878dd19%2F8dppe7g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:There are 100,000 adults in the population. 80,000 of them are in the
labor force. 60,000 of the labor force are employed. What is the
unemployment rate
1.25%
2. 20%
3.75%
4.40%
O 1.
2.
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