Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What would the unemployment rate be in October 2021 if the October 2021 labor force was 164,448,000 rather than 161,458,000, while October 2021 employment was

What would the unemployment rate be in October 2021 if the October 2021 labor force was 164,448,000 rather than 161,458,000, while October 2021 employment was still 154,039,000? Please explain the answer and how you arrived at that number.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Economics of Money Banking and Financial Markets

Authors: Frederic S. Mishkin

12th edition

134733821, 134733827, 9780134734507 , 978-0134733821

More Books

Students also viewed these Economics questions

Question

Goldings finishing department had the following data for july:

Answered: 1 week ago

Question

7. How can the models we use have a detrimental effect on others?

Answered: 1 week ago