Suppose the share of whites in the labor force is 82, Ask an Expert

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problem: Suppose the share of whites in the labor force is 82 percent and the unemployment rate among whites is 6.5 percent; the share of non-whites in the labor force is 18 percent with an unemployment rate among non-whites is 12 percent. find out the overall unemployment rate?

[A] 10.0%

[B] 7.5%

[C] 14.5%

[D] 8.5%

[E] 9.5%

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M917820

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