Business
Business, 25.04.2020 01:15, darrenmcfadden220

A survey reveals that on a small island initially 1,000 people have jobs, 250 people are not working but are looking for jobs, and 450 people are neither working nor looking for work. Suppose that 150 of the 450 people who weren't looking for work now begin looking for work. There are now 400 people looking for work and 1,000 people working. The unemployment rate:

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A survey reveals that on a small island initially 1,000 people have jobs, 250 people are not working...

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