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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: Suppose an economy has the following characteristics: 100 people in the noninstitutional population;
Post by: Sublight2097 on Jun 20, 2015
Suppose an economy has the following characteristics: 100 people in the noninstitutional population; 60 people employed; 20 people not in the labor force. What's the unemployment rate?
A) 20 percent
B) 25 percent
C) 33 percent
D) 40 percent
E) 60 percent


Title: Re: Suppose an economy has the following characteristics: 100 people in the noninstitutional populat
Post by: VincenzoD on Aug 2, 2015
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Title: Re: Suppose an economy has the following characteristics: 100 people in the noninstitutional population;
Post by: Sublight2097 on Aug 31, 2015
I've noticed they use a lot of trickery with their questions. Thank you for your input.