Question
Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is __. Now assume that 10 people drop out of
Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is __. Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is __
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Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
