Assume the following for the town of Boone: it has a total population of 60,000 people, of which 4,000 are under 16 years of age or are institutionalized; 4,000 are full-time students who are not employed and are not seeking work; and 50,000 are employed. The rest of the people are out of work but have been actively seeking work within the past four weeks.What is Boone's unemployment rate?

Other questions in category

• assume that the firm is hiring labor in a purely competitive market. if the wage rate is $11, how ma...
• Diane Bernick opened Bernick's Consulting. Transactions for the month of January and trial balance a...
• The framers of the constitution wanted ________ to choose the president and vice president....
• Which document needs to be submitted, along with reconciled cash, from each department to the main c...
• What are the advantages of picking fruits safely from the tree...
• Not to sure abt my ans.. i need some confirmation lol
• Coupon Rates [ LO2] Nikita Enterprises has bonds on the market making annual payments, with eight ye...
• Spatial layout and functionality increase in importance when:...
• The fact that a partnership, as a business, pays no corporate income tax, and that it is easily and ...
• Since converting the firm's inventory to profits is a key function of management, firms use ______ t...