After a financial crisis hits the country of Barbaria, 1 million people become unemployed. If 65 million individuals are lucky enough to keep their jobs, what is the unemployment rate? Please specify your answer to two decimal places. unemployment rate: 1.56 %
After a financial crisis hits the country of Barbaria, 1 million people become unemployed. If 65 million individuals are lucky enough to keep their jobs, what is the unemployment rate? Please specify your answer to two decimal places. unemployment rate: 1.56 %
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section: Chapter Questions
Problem 2WNG
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