keke09879
contestada

I will mark you as brainliest !!

Calculate the unemployment rate.

b) Michael lives in a city of 700,000 people. The unemployment rate is 7%. The number of
unemployed people is 28,000. How large is the labor force in Michael's city?

Respuesta :

Answer:

400,000

Explanation:

7% of what number = 28,000

(0.07)(X) = 28,000

X = 400,000

(which is less than 700,000. But that makes sense because not everyone living in Michael's city is necessarily part of the labor force. Some could be kids in school, others grandparents who have retired, others people who stay at home and don't work.)

The correct answer is 400000.

28000/7 = 4000
4000x100 = 400000