Author Question: Suppose that 50 percent of the part-time workers of Metropolis are looking for full-time jobs. ... (Read 161 times)

haleyc112 · **on:** Jun 30, 2018

Suppose that 50 percent of the part-time workers of Metropolis are looking for full-time jobs.

Given the data in Table 6.1, if these workers were counted as not employed and looking for work, the unemployment rate of Metropolis would be approximately
A) 6 percent. B) 13 percent. C) 16 percent. D) 21 percent.

Question 2

The income paid to labor is called

A) rent.
B) profit.
C) interest.
D) human capital.
E) wages.