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Author Question: Measures of UnemploymentIf the working-age population is 235 million, the number of people employed ... (Read 84 times)

Tb12162018

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on: Nov 23, 2022

Question 1

Measures of Unemployment

If the working-age population is 235 million, the number of people employed is 180 million, and the number of people unemployed is 25 million, then the unemployment rate is ________. (Round to the nearest tenth when appropriate.)
◦ 5.7%
◦ 10.6%
◦ 12.2%
◦ 13.9%

Question 2

Measures of Unemployment

If the working-age population is 235 million, the number of people employed is 170 million, and the number of people unemployed is 15 million, then the labor force participation rate is ________. (Round to the nearest tenth when appropriate.)
◦ 56.0%
◦ 6.4%
◦ 78.7%
◦ 72.3%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by Tb12162018 on Nov 23, 2022

labrinker

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Reply #1 on: Nov 23, 2022
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Tb12162018

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

kilada

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Reply 3 on: Yesterday
Excellent

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