Question
Suppose you are provided with the following data for your country for a particular month: 200 million people are working, 20 million are not working
Suppose you are provided with the following data for your country for a particular month: 200 million people are working, 20 million are not working but are looking for work, and 40 million are not working and have given up looking for work. The official unemployment rate for that month is
7.7%.
23%.
9.1%.
10%.
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Principles Of Macroeconomics
Authors: Lee Coppock, Dirk Mateer
2nd Edition
0393614093, 9780393614091
