Total population                20,000 Working-age population                15,000 Employment                  1,000 Unemployment                     100   5.) Refer to table above. The unemployment rate (U3) for this simple economy equals

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 17PFA
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Total population

               20,000

Working-age population

               15,000

Employment

                 1,000

Unemployment

                    100

 

5.) Refer to table above. The unemployment rate (U3) for this simple economy equals ____9.09___.

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