200 people over the age of 16 do not have job and are not

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The size of the labor force in a community is 800, and 720 of these folks are gainfully employed. In this community, 200 people over the age of 16 do not have a job and are not looking for work. In addition, 100 people in the community are under the age of 16. The unemployment rate is?

Suppose nominal GDP in 2005 was $12 trillion, and in 2006 it was $15 trillion. The general price index in 2005 was 100, and in 2006 it was 102. Between 2005 and 2006, real GDP rose by what percent?

Reference no: EM13452356

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