1. (TCO F) The size of the labor force in a community is 500, and 400 of these folks are gainfully employed. In this community, 100 people over the age of 16 do not have a job, and are not looking for work. In addition, 200 people in the community are under the age of 16. The unemployment rate is: (Points: 15)
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This question was asked on Dec 10, 2010 and answered on Dec 10, 2010.
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