FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

In a country, there are3.65million unemployed people and111.8million people in the labor force. Calculate the unemployment rate. Round any intermediate calculations to four decimal places.

In a country, there are3.65million unemployed people and111.8million people in the labor force.

Calculate the unemployment rate. Round any intermediate calculations to four decimal places. Convert your final answer to a percentage and round it to two decimal places if necessary.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Calculus

Calculus

Authors: Ron Larson, Bruce H. Edwards

10th Edition

9781285057095

Students also viewed these Economics questions

Question

As part of the poll in Exercise 11, Pew asked whether the respondent owned a smartphone. Are Internet use and smartphone ownership independent? a) Under the usual null hypothesis, what are the...

Answered: 1 week ago

Question

★★★★★
Archer Foods has a freezer that is in need of repair and is considering whether to replace the old freezer with a new freezer or have the old freezer extensively repaired. Information about the two...

Answered: 1 week ago

Question

★★★★★
PLEASEE HELPPP I WILL LIKEEEEEE Paul Sabin organized Sabin Electronics 10 years ago to produce and sell several electronic devices on which he had secured patents. Although the company has been...

Answered: 1 week ago

Question

★★★★★
Please help Two actuaries have decided to go into business. They intend to borrow heavily in order to pay a substantial deposit on the rental of premises, to invest in computers and other equipment...

Answered: 1 week ago

Question

★★★★★
Using PESTLE as a guide, explain the change management implications of not paying employees while they are checking out of the store. Assume that the store is located in a state that requires...

Answered: 1 week ago

Question

★★★★★
Over the next decade, Foleo Enterprises Pty Ltd grew exponentially, and whilst the increased demand for their Australian-made phones was welcome, it was unexpected and unplanned. James and Leon tried...

Answered: 1 week ago

Question

★★★★★
Pharoah Company reported the following information in its general ledger at December 31. All sales were on account. At the end of the year, uncollectible accounts were estimated to be 10% of accounts...

Answered: 1 week ago

Question

★★★★★
A jacketed-agitated vessel, fitted with a turbine agitator, is used for heating a water stream from 10C to 54C. The tank diameter D= 0.6 m, height H= 0.6 m, and agitator diameter D = 0.2 m. Saturated...

Answered: 1 week ago

Question

★★★★★
Q2 The following system works to lift a specific load. It transmits the movement from the worm (A, 600rpm) to the worm gear (B, 90 teeth) and then to the small sprocket (C, 40 teeth) attached to it...

Answered: 1 week ago

Question

★★★★★
D Question 22 1 pts The trespass to property act outlines three common offences; entering premises when prohibited, engaging in prohibited activity on premises and; none of the above damaging...

Answered: 1 week ago

Previous Question Next Question