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Write 049 as a Fraction in Lowest Terms and as a a Percentage

question 33

Multiple Choice

Write 0.49 as a fraction in lowest terms and as a percentage.


Definitions:

Unemployment Rates

The fraction representing individuals in the labor force who do not have employment but are actively job hunting.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Minimum-Wage Law

Legislation that establishes the lowest hourly wage that employers can legally pay their workers.

Equilibrium Wage

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.

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