Suppose the town of Treeville has a population of 200, of which 120 are in the labor force. Of those in the labor force, 100 are employed and 20 are unemployed. The unemployment rate in Treeville is _____.
A) 10%
B) 17%
C) 20%
D) 60%
Correct Answer:
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Q15: Which of the following groups benefits from
Q16: Frictional unemployment is:
A) short-term unemployment associated with
Q17: If the price index is 200, how
Q18: If frictional unemployment is 2%, structural unemployment
Q18: _ is an overall decline in prices
Q19: If Chuck gets laid off from a
Q21: _ is a measure of the change
Q22: What is real GDP in 2014 dollars
Q23: The producer price index contains:
A) a fluctuating
Q61: Measuring changes in a fixed basket of
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