Fewer people are employed in freedonia now than at any time


Consider the following statements:

a. Fewer people are employed in Freedonia now than at any time in the past 75 years.

b. The unemployment rate in Freedonia is lower now than it has been in 75 years.

Can both of these statements be true at the same time? Explain.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Fewer people are employed in freedonia now than at any time
Reference No:- TGS01630676

Expected delivery within 24 Hours