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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 26
In a given year, there are 10 million unemployed workers and 120 million employed workers in an economy. Excluding members of the armed forces and persons in institutions and assuming these figures include only civilian workers, calculate the civilian unemployment rate.
Explanation
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Civilian unemployment rate can be calcul...
Economics for Today 9th Edition by Irvin Tucker
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