quiz 7.jpg This quiz is on this week reading. Please read 8t…

quiz 7.jpg This quiz is on this week reading. Please read 8th chapter carefully and then start this quiz. You have two attempts and I consider your highest grade as your quiz grade.  You are supposed to submit each of these attempts in one sitting , you cannot save it and come back later to submit it. You are supposed to submit each of these attempts in one sitting , you cannot save it and come back later to submit it. Also please make sure to submit your quizzes by deadlines. Your quiz grades will be lowered by one full letter for each day late submission.  One-day late submission is accepted with 10% off the max grade.   Two-day late submission is accepted with 20% off the max grade.  Three-day late submission is accepted with 30% off the max grade.  Beyond that late submission is accepted with 50% off the max grade.  Best of Luck! 

Use the Scenario I to answer the question:Xenia has 10,000 p…

Use the Scenario I to answer the question:Xenia has 10,000 people. Of this population, 1,000 residents are below age 16, and 2,000 have given up looking for work. Currently, 500 people are unemployed but are actively looking for work, and the rest are fully employed.Look at the scenario I. What is the unemployment rate?