Question
The total number of unemployed individuals in an economy is equal to 620. The total number of employed is 10,416, and the working-age population is
The total number of unemployed individuals in an economy is equal to 620. The total number of employed is 10,416, and the working-age population is 20,067. What is the labor force participation rate in this economy? Please round to the nearest two decimal places
The total number of unemployed individuals in an economy is equal to 637. The total number of employed is 14,631, and the working-age population is 23,889. What is the unemployment rate in this economy? Please round to the nearest two decimal places
If the GDP deflator in the year 2015 is 159.4 and the GDP deflator in the year 2016 is 163.3, what is the inflation rate in the year 2016?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started