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Suppose You Live in a Community of 100 People Where

question 98

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Suppose you live in a community of 100 people where everyone who is able to do so seeks work. If 80 people are over 16 years old and 72 of them are employed, what is the unemployment rate in this community?


Definitions:

Tobacco Use

The act of smoking or using tobacco products, which can include cigarettes, cigars, snuff, and chewing tobacco.

Legal Right

An entitlement derived from a legal system that allows or obligates one to act in a certain way.

Market Research

The action or activity of gathering information about consumers' needs and preferences to support business decisions.

Prime Vacant Land

Land in a highly coveted location that is undeveloped and offers great potential for investment, construction, or development due to its desirable characteristics.

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