Of the unemployed 10000 are frictionally unemployeed and


A country with a civilian population of 100,000 (all over 16) has 70,000 employed and 20,000 unemployed persons. Of the unemployed 10,000 are frictionally unemployeed and another 5000 are structurally unemployed. What is the unemployment rate?

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: Of the unemployed 10000 are frictionally unemployeed and
Reference No:- TGS02733108

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)