Table 15-1
Labor Data for Aridia -Refer to Table 15-1

question 311

Multiple Choice

Table 15-1
Labor Data for Aridia
$$\begin{array} { | l | c | c | c | } \hline \text { Year } & \mathbf { 2 0 1 0 } & \mathbf { 2 0 1 1 } & \mathbf { 2 0 1 2 } \\\hline \text { Adult population } & 2000 & 3000 & 3200 \\\hline \text { Number of emplayed } & 1400 & 1300 & 1600 \\\hline \text { Number of unemplayed } & 200 & 600 & 200 \\\hline\end{array}$$
-Refer to Table 15-1. The unemployment rate of Aridia in 2011 was

• A)20%.
• B)31.6%.
• C)46.2%.
• D)63.3%.

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Definitions:

Production Possibility Frontier

A curve that illustrates the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently employed.

Working-Age Immigrants

Individuals who migrate from one country to another and fall within the labor force's eligible age range, contributing to the workforce in their new country.

Influx

The arrival or entry of a large number of people or things into a place.

Production Possibility Frontier

An illustration that outlines the peak production capacities for a pair of goods, considering the available resources and technological advancements.