Question
Refer to the following table. Status Persons Employed 8000 Unemployed 600 Not in the labour force 4000 All of the following mathematical calculations are correct.
Refer to the following table.
Status
Persons
Employed
8000
Unemployed
600
Not in the labour force
4000
All of the following mathematical calculations are correct. The unemployment rate is approximately:
Select one:
a.(600/8000) 100 = 7.25%.
b.(600/7500) 100 = 8.00%.
c.(600/8600) 100 = 7.05%.
d.(600/4000) 100 = 15.00%.
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The American Economy
Authors: Walter Greason, William Gorman
1st Edition
1524902675, 9781524902674
