Questions
FA25 ECON 302 002 Midterm Exam #3 (Chapters 7-9): Sample Questions
Numerical
Using the same table as in the previous question, the unemployment rate in 2015 was ______ percent. Round your answer to the nearest tenth of a percent.
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This question asks for the unemployment rate in 2015 using the same table as in a previous question and to round to the nearest tenth of a percent.
First, I look for any answer choices to compare, but none are provided in the data. Without a set of options to evaluate, I cannot perform a traditio......Login to view full explanationLog in for full answers
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Similar Questions
Unemployment is calculated based on the proportion of unemployed amongst the population.
In a particular month, the Bureau of Labor Statistics (BLS) conducts a survey of 60,000 people and reports the following statistics: Have jobs = 55,584 persons Unemployed and have been looking for a job in the last four weeks = 2,316 persons Unemployed but not have been looking for a job in the last four weeks = 2,100 persons In that month BLS reports an unemployment rate of:
A person who stops looking for work because they are discouraged is not counted in the official unemployment rate.
A person who stops looking for work because they are discouraged is not counted in the official unemployment rate.
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