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Author Question: A city in which 320,000 persons are employed has a labor force of 359,500 persons. The unemployment ... (Read 138 times)

karlynnae

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


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