question archive Suppose in 2009 the unemployment rate in a country is 50%

Suppose in 2009 the unemployment rate in a country is 50%

Subject:EconomicsPrice: Bought3

Suppose in 2009 the unemployment rate in a country is 50%. Holding everything else equal, suppose that 1/4 of the unemployed people found a job in 2010. What is the unemployment rate in 2010? * O 40% O 25% O 37.5% The unemployment rate in 2010 cannot be determined from the given information.

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