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djverab [1.8K]
4 years ago
13

"suppose that over the course of a year 100 people are unemployed for 4 weeks each (the short-term unemployed), while 10 people

are unemployed for 52 weeks each (the long-term unemployed). approximately what percentage of the total weeks of unemployment were attributable to the long-term unemployed?
Business
1 answer:
Xelga [282]4 years ago
8 0
56.52% of the <span>total weeks of unemployment were attributable to the long-term unemployed

Explanation:
</span><span>There were 920 total weeks of unemployment
(52 week*10 people)+(4 weeks*100 people)
And 520 of those weeks were for long term unemployed
</span>520/920= <span>0.56521
or, rounded to be </span>56.52%
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$522,000

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