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Using the following macroeconomic data for Questions 1 to 3: total number of full-time workers = 500 total number of part-time workers - 250 total
Using the following macroeconomic data for Questions 1 to 3: total number of full-time workers = 500 total number of part-time workers - 250 total number of unemployed = 70 civilian non-institutional population = 1500 1. The rate of unemployment in this hypothetical economy is: O 41.76% O 25% 15% O none of the answers given is correct O 35%
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