Thanks to Alyssa Reyes for finding an error in the answers to Homework 2! i will fix it and repost the answers. Here’s her story!
dr. hartman,
i think i found a mistake on one of your homework 2 answers. It’s for chapter 5 and on question 2 part a. you ask us to find the unemployment rate of the country Alpha and in your answer, your calcualtions are 30,000/1 million (unemployed/population), which in fact it should be 30,000/600,000 (umemployed/larbor force). let me know if ive made a mistake or not…alyssa reyes