Scenario 7.1
Of 1,350 people surveyed, 318 are not working.
The status of those not working is as follows:
122 full-time students
29 discouraged workers
18 in long-term-care facilities
21 seeking employment and age 16 or older
50 retirees
63 under age 16
15 working in the underground economy and not looking for a "real" job
Eight of those working were under 16 years of age.
-Refer to Scenario 7.1. According to the data provided, the official unemployment rate is:
A) 0.02 percent.
B) 2.0 percent.
C) 10 percent.
D) 3.6 percent.
E) 33.7 percent.

Question

Quizplus · Accepted Answer

The Answer of Scenario 7.1
Of 1,350 people surveyed, 318 are not working.
The status of those not working is as follows:
122 full-time students
29 discouraged workers
18 in long-term-care facilities
21 seeking employment and age 16 or older
50 retirees
63 under age 16
15 working in the underground economy and not looking for a "real" job
Eight of those working were under 16 years of age.
-Refer to Scenario 7.1. According to the data provided, the official unemployment rate is:
A) 0.02 percent.
B) 2.0 percent.
C) 10 percent.
D) 3.6 percent.
E) 33.7 percent.

Scenario 7.1 Of 1,350 People Surveyed, 318 Are Not Working