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Business, 13.03.2020 21:44 LillyPrince

Xenia has 10,000 people. Of this population, 1,000 residents are below age 16, and 2,000 have given up looking for work. Currently, 500 people are unemployed but are actively looking for work; 2,500 work part-time, and the rest are fully employed. Refsrence: Ref 8-12 (Scenario: Employment in Xenia) Look at the scenario Employment in Xenia. What is the unemployment rate? a) 2% b) 11.11% c) 7.14% d) 4.25%

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Xenia has 10,000 people. Of this population, 1,000 residents are below age 16, and 2,000 have given...

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