A survey showed that in each of the past 12 months there was one person who was unemployed who worked in all other months. There were also two people who were unemployed for all 12 months. What percentage of the unemployment spells during the year was short-term, and what percentage of the unemployment in a given month was long-term?
A)75 percent and 33.3 percent
B)75 percent and 66.7 percent
C)85.7 percent and 33.3 percent
D)85.7 percent and 66.7 percent

Question

Quizplus · Accepted Answer

There are 12 short-term unemployment spells (one for each month) and 2 long-term unemployment spells (lasting all 12 months). Thus, 12 out of 14 spells are short-term, which is 85.7%. In any given month, 2 out of 3 unemployed people are long-term unemployed, which is 66.7%.

A Survey Showed That in Each of the Past 12