Business, 13.02.2020 01:32 norefo4416
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.
A) 3;9 B) 3; 3 C) 12;9 D) 12;3
Answers: 2
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The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were une...
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