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Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this? (input your answer in percentage points. For example if the unemployment rate changes from 7.3% to 5.3% then input your answer as -2% and if it changes from 4% to 5% the enter you answer as 1%.) Step by Step

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91675869

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