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Verizon [17]
3 years ago
8

There are 12,000 people living in Stopland. Of these 12,000 people, 1,000 are either too old to work or too young to work. Of th

e remaining individuals, 5,000 are employed with full-time jobs; 3,000 are employed part time, but wish to work full time; 1,000 are trying to find a new job, but still working full-time jobs; 1,000 are currently not working but are looking for work; and the remainder are discouraged workers. The government department in Stopland responsible for compiling unemployment statistics redefines the employed as including only those with full-time jobs, and the unemployed as including those who are unemployed plus those who are working part-time jobs. The new unemployment rate using this definition would be _____%.
Business
1 answer:
Wittaler [7]3 years ago
5 0
9,000 if that helps
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Demand can be defined as the quantity of a commodity or service that a consumer is willing and able to buy at a given price and at a particular point in time. And the law of demand states that “other factors being held constant, the higher the price of a commodity, the lower the quantity being demanded by the consumer. And the lower the price of a commodity, the higher the quantity being demanded by a consumer.”

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3 years ago
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4 years ago
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Explanation:

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