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Use the data above to calculate unemployment rate.

Use the data above to calculate unemployment rate.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Use the data above to calculate unemployment rate.

(Module 12) The population of Franklandia can be described by the data in the table below. Civilian population age 16 and older Number employed full time Number employed part time Number unemployed and looking for a job Number unemployed and not looking for a job Number in the military Number in prison 500,000 220,000 80,000 150,000 25,000 20,000 5,000
Transcribed Image Text:(Module 12) The population of Franklandia can be described by the data in the table below. Civilian population age 16 and older Number employed full time Number employed part time Number unemployed and looking for a job Number unemployed and not looking for a job Number in the military Number in prison 500,000 220,000 80,000 150,000 25,000 20,000 5,000
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