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Consider an economy with the following data: Population (civilian, 16 and older, noninstitutionalized) = 175 million. Employed = 122 million Unemployed = 17 million What
Consider an economy with the following data: Population (civilian, 16 and older, noninstitutionalized) = 175 million. Employed = 122 million Unemployed = 17 million What is the unemployment rate in this economy? 12.2% 9.7% 17% 13.9% Question 5 1 pts Consider an economy with the following data: Population (civilian, 16 and older. non-institutionalized) = 800 million. Employed = 380 million Labor Force = 400 million What is the unemployment rate in this economy? Question 6 1 pts Consider an economy with the following data: Population (civilian, 16 and older, non-institutionalized) = 400 million. Employed = 245 million Labor Force = 250 million What is the unemployment rate in this economy? 37.5% 2% 5% 1.25%
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