Exhibit 6-2 Unemployment categories Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately:

Question

Exhibit 6-2 Unemployment categories  Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately:

Quizplus · Accepted Answer

The Answer of Exhibit 6-2 Unemployment categories  Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately:

Exhibit 6-2 Unemployment Categories Consider an Economy Made Up