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Naya [18.7K]
3 years ago
14

The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year,

while the rest of the labor force was employed continuously. In Hyde, every member of the labor force was unemployed for three months and was employed for nine months. The average duration of unemployment spells over the year was _____ months in Jekyll and _____ months in Hyde.
Business
1 answer:
Gennadij [26K]3 years ago
5 0

Answer:

Explanation:

The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year, while the rest of the labor force was employed continuously. In Hyde, every member of the labor force was unemployed for three months and was employed for nine months. The average duration of unemployment spells over the year was 12 months in Jekyll and 3 months in Hyde.

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Is it possible for a company to initiate two products that target the same market that are not mutually exclusive?
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2 years ago
In the fictional country of Dirian the economics statistics department has been busy calculating the price index for a basket of
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3 years ago
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Zigmanuir [339]

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