Chapter
1. Macroeconomics: A Look at the Big Picture
1.1
Econ Tutorial
As you progress through the tutorial, the question sequences will become available. You must complete all the question sequences to receive credit for this tutorial.
No, that's not it. The labor force = 180 million + 15 million = 195 million. The unemployment rate = (# unemployed/labor force) x 100 = (15 million/195 million) x 100 = (.077) x 100 = 7.7%.