Suppose that Krameria is considering policy changes that would affect the number of males age 25-54 who are employed and unemployed according to the following table.Statisticians at the Kramerian Labor Department have computed current labor statistics and estimated what the labor statistics would have been with the policy in place.What are the current unemployment and labor-force participation rates,to the nearest tenth? According to the estimates,what would their values have been if the policy had been in place?
A)current 4.8 % and 70% with policy change 4.4% and 66.7%
B)current 5% and 70% with policy change 4.6% and 66.7%
C)current 4.8% and 66.7% with policy change 4.4% and 64%
D)current 5% and 66.7% with policy change 4.6% and 64%

Question

Suppose that Krameria is considering policy changes that would affect the number of males age 25-54 who are employed and unemployed according to the following table.Statisticians at the Kramerian Labor Department have computed current labor statistics and estimated what the labor statistics would have been with the policy in place.What are the current unemployment and labor-force participation rates,to the nearest tenth? According to the estimates,what would their values have been if the policy had been in place? 
A)current 4.8 % and 70% with policy change 4.4% and 66.7% 
B)current 5% and 70% with policy change 4.6% and 66.7% 
C)current 4.8% and 66.7% with policy change 4.4% and 64% 
D)current 5% and 66.7% with policy change 4.6% and 64%

Quizplus · Accepted Answer

According to the table, the current unemployment rate for males age 25-54 is 4.8% and the current labor-force participation rate is 70%. According to the estimates with the policy in place, the unemployment rate would be 4.4% and the labor-force participation rate would be 66.7%. The closest option to these values is choice A.

Suppose That Krameria Is Considering Policy Changes That Would Affect