Consider the following workers in the economy:
20 million employed. 1 million unemployed.
Suppose that we wish to include 1 million discouraged workers into our calculation of the
unemployment rate. What is the unemployment rate?
5%
4.7%
9%
9.5%.
ICT Role in 21st Century Education & its Challenges.pptx
Consider the following workers in the economy 20 million employed.pdf
1. Consider the following workers in the economy:
20 million employed. 1 million unemployed.
Suppose that we wish to include 1 million discouraged workers into our calculation of the
unemployment rate. What is the unemployment rate?
5%
4.7%
9%
9.5%