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Suppose that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is ________. Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is ________.

A) 9 percent; 10 percent
B) 10 percent; 11 percent
C) 10 percent; 9 percent
D) 11 percent; 10 percent

Respuesta :

It's C

I have to type atkeast 20 characters I had at explanation

It's c tho

anthougo

1. The unemployment rate is initially 10% when the labor force is 100 with 10 unemployed.

2. The unemployment rate becomes 11% when the labor force reduces by 10 with 10 unemployed.

Data and Calculations:

Total labor force = 100

Number of the unemployed = 10

The initial unemployment rate = 10% (10/100 x 100).

The unemployment rate when 10 people are out of the labor force with the unemployed remaining 10 is 11% (10/90 x 100).

What is unemployment rate?

Thus, the unemployment rate represents the percentage of the labor force that is not employed, which is B) 10 percent; 11 percent.

Learn more about unemployment rate here: https://brainly.com/question/13280244

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