Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a country's population is 340 million people, labour force is 170 million people, and 20 million of those are unemployed, the country's unemployment rate

If a country's population is 340 million people, labour force is 170 million people, and 20 million of those are unemployed, the country's unemployment rate is Question :choose the correct answer 12 options: 6.7 percent. 2.5 percent. 4.5 percent. 11.8 percent. 9.0 percent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics of Money, Banking and Financial Markets

Authors: Frederic S. Mishkin

9th Edition

978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905

More Books

Students also viewed these Economics questions

Question

b. Is it an undergraduate or graduate level course?

Answered: 1 week ago

Question

please try to give correct answer 4 3 3 . .

Answered: 1 week ago

Question

Explain the difference between planning and controlling.

Answered: 1 week ago