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Author Question: Measures of UnemploymentEmployed22,000 peopleUnemployed5000 peopleNot in the Labor Force7000 ... (Read 157 times)

kms5229

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on: Nov 23, 2022

Question 1

Measures of Unemployment


Employed25,000 people
Unemployed5000 people
Not in the Labor Force8000 people

Based on the data in the table, the labor force equals ________ people.
◦ 38,000
◦ 25,000
◦ 33,000
◦ 30,000

Question 2

Measures of Unemployment


Employed22,000 people
Unemployed5000 people
Not in the Labor Force7000 people

Based on the data in the table, the unemployment rate is ________. (Round to the nearest tenth when appropriate.)
◦ 14.7%
◦ 22.7%
◦ 33.3%
◦ 18.5%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by kms5229 on Nov 23, 2022

Sha

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Reply #1 on: Nov 23, 2022
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kms5229

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

cici

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Reply 3 on: Yesterday
Excellent

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