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Loraine Loraine
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8 years ago
Suppose the population of Timmy Town is 1000 people and the working-age population is 800. If 200 of these people are unemployed, the unemployment rate in Timmy Town is
A) 2 percent.
B) 1/5 × 100.
C) 1/8 × 100.
D) 1/4 × 100.
E) There is not enough information provided to calculate the unemployment rate.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 690 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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lettyletty

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#2
8 years ago
It was nothing, thanks for updating us.
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