The Unemployment Rate of Persons with a Disability Is Typically

question 17

Multiple Choice

The unemployment rate of persons with a disability is typically higher than for those with no disability. Recent statistics report that this rate is 14.5%. An advocacy group in
A large city located in the southeastern region of the U.S. selected a random sample of
250 persons with a disability. What is the probability that at least 20 persons in this
Sample are unemployed?

• A) 0.8686
• B) 0.9982
• C) 0.6573
• D) 0.1314
• E) 0.0018

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Definitions:

Aggregate Supply Curve

Represents the total supply of goods and services that firms in an economy are willing to sell at a given price level in a certain time period.

Upward Slope

In economics, it typically represents an increase or positive trend in a graph, such as rising prices or increasing production over time.

Keynesian Economics

A theory that advocates for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression.

Downward Rigidity

A situation in economics where wages or prices are resistant to decrease even in conditions where they logically should, such as during a recession.