Question
a) The ABS (Australian Bureau of Statistics) announces that in 2015, the adult population is 25,400,000, the labour force is 14,000,000, and the number of
a) The ABS (Australian Bureau of Statistics) announces that in 2015, the adult population is 25,400,000, the labour force is 14,000,000, and the number of employed is 13,000,000. What is the unemployment rate?
b) Explain the nature and causes of four types of unemployment. Use diagrams when appropriate
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a Unemployment rate no of unemployed person labour force 1000000 14000000 714 b Economis...Get Instant Access to Expert-Tailored Solutions
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