Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full-time employment; 20 have part-time employment; 20 do not have employment, but are actively looking for employment; and 10 would like employment but do not have employment and are not actively looking for employment.The official unemployment rate as calculated by Statistics Canada would equal
A)(20/60)× 100%.
B)(20/80)× 100%.
C)(30/80)× 100%.
D)(20/100)× 100%.
E)(60/90)× 100%.

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The Answer of Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full-time employment; 20 have part-time employment; 20 do not have employment, but are actively looking for employment; and 10 would like employment but do not have employment and are not actively looking for employment.The official unemployment rate as calculated by Statistics Canada would equal
A)(20/60)× 100%.
B)(20/80)× 100%.
C)(30/80)× 100%.
D)(20/100)× 100%.
E)(60/90)× 100%.

Suppose the Working-Age Population of a Fictional Economy Falls into the Following