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A Survey Reveals That, on a Small Island, Initially 1,000

question 146

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A survey reveals that, on a small island, initially 1,000 people have jobs, 200 people are unemployed but are looking for jobs, and 200 people are neither working nor looking for work. Suppose that 100 of the 200 people who weren't looking for work now begin looking for work and that half of the new entrants find a job. The unemployment rate:

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Definitions:

Gender Bias

The unfair difference in treatment or attitudes towards people based on their gender rather than their abilities or characteristics.

Salesman

An individual who sells products or services, often directly to consumers or businesses, with the aim of achieving sales targets and generating revenue.

Routinely Used Clichés

Phrases or expressions that have been overused to the point of losing their original meaning or effectiveness, often considered a sign of weak or unoriginal thinking.

Human Relations

The study and management of how individuals and groups interact within organizations, often focusing on enhancing workplace relationships and morale.

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