The Unemployment Rate of Persons with a Disability Is Typically

question 62

Multiple Choice

The unemployment rate of persons with a disability is typically higher than for those with no disability. Recent statistics report that the national rate of unemployment among
This group is 14.5%. The local government of a small city wants to determine the rate in
Its region to within ±5%, with 90% confidence. How many individuals with disabilities
Should they sample?

• A) 135
• B) 191
• C) 354
• D) 678
• E) 981

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Definitions:

Marginal Social Benefit

The additional benefit to society from producing or consuming one more unit of a good or service.

Private Market

A sector of the economy where transactions are made between private individuals or corporations without significant government intervention.

Common Resources

Refers to goods that are non-excludable and rival in consumption, such as fish stocks in the ocean or public parks, where usage by one person reduces availability for others.

Marginal Social Cost

The cost to society of producing one additional unit of a good or service.