A city in which 320,000 persons are employed has a labor force of ...

[karlynnae]

A city in which 320,000 persons are employed has a labor force of 359,500 persons. The unemployment rate for the city is:
 a. 7.8 percent.
 b. 11.0 percent.
  c. 12.3 percent.
  d. 14.5 percent.

Question 2

Is it possible for a currency to appreciate relative to another currency, and depreciate relative to a third?
 a. No, this is not theoretically possible; a currency rises or falls against all others.
  b. No, although this could occur under a strict gold standard.
 c. Yes, this is possible in a world of floating exchange rates.
 d. Yes, in theory, but it does not happen in reality.

[Mholman93]

Answer to Question 1

b

Answer to Question 2

c