You Are Given the Following Statistics About the Economy

question 99

Short Answer

You are given the following statistics about the economy:
Relevant population: 348 million
Employed: 228 million
Unemployed: 19 million
Answer the following questions to one decimal point:
a.What is the unemployment rate?
b.What is the labor force?
c.What is the labor force participation rate?

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Definitions:

Cultural Position

The place or status a particular group, activity, or paradigm occupies within a broader cultural context.

Liebes And Katz

Scholars Tamar Liebes and Elihu Katz, known for their contributions to media and communication studies, particularly in audience analysis and media effects.

Ethnic Groups

Communities or populations sharing a common culture, ancestry, language, or history, which differentiates them from other groups.

Interactive Exchanges

Communications or transactions between two or more parties that involve reciprocal actions and reactions, often in real time.