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Author Question: Measures of UnemploymentEmployed25,000 peopleUnemployed6000 peopleNot in the Labor Force7000 ... (Read 114 times)

kmcolvin

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on: Nov 23, 2022

Question 1

Measures of Unemployment


Employed25,000 people
Unemployed3000 people
Not in the Labor Force7000 people

Based on the data in the table, the employment rate is ________. (Round to the nearest tenth when appropriate.)
◦ 89.3%
◦ 71.4%
◦ 78.1%
◦ 12.0%

Question 2

Measures of Unemployment


Employed25,000 people
Unemployed6000 people
Not in the Labor Force7000 people

Based on the data in the table, the labor force participation rate is ________. (Round to the nearest tenth when appropriate.)
◦ 96.9%
◦ 78.1%
◦ 65.8%
◦ 81.6%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by kmcolvin on Nov 23, 2022

Burly

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Reply #1 on: Nov 23, 2022
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kmcolvin

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

lkanara2

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Reply 3 on: Yesterday
Excellent

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