Consider the following statementsa fewer people are, Ask an Expert

Economics

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.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91992546

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