Author Question: In the economy of Iota, 9 people have jobs, 1 person is not working but is searching for work, and ... (Read 53 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
In the economy of Iota, 9 people have jobs, 1 person is not working but is searching for work, and 10 people don't work and don't seek work. The unemployment rate is
 
  A) 10 percent.
  B) 25 percent.
  C) 33 percent.
  D) 50 percent.
  E) none of the above.

Question 2

In the economy of Euphoria, 400 people have jobs, 200 people are not working but are searching for work, and 100 people don't work and don't seek work. The unemployment rate is
 
  A) 20 percent.
  B) 25 percent.
  C) 33 percent.
  D) 50 percent.
  E) none of the above.



Melissahxx

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library