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gyoku2302 gyoku2302
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Posts: 60
A month ago
The following table defines some population and employment statistics for two countries.

Sweet CountrySpicy Country
Population500 million510 million
Unemployment rate4%5%
Labor participation rate82%76%

Refer to the table above. If two-thirds of the population in both countries are considered to be potential workers, how many people are unemployed?

▸ About 20 million in Sweet Country and 25 million in Spicy Country

▸ About 18 million Sweet Country and 20 million Spicy Country

▸ About 11 million in Sweet Country and 13 million in Spicy Country

▸ About 16 million in Sweet Country and 19 million in Spicy Country
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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sbe0921sbe0921
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Posts: 60
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A month ago
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About 11 million in Sweet Country and 13 million in Spicy Country

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this is exactly what I needed
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