US Unemployment Rate Test
This is a Mathematics Test including questions on US unemployment rate.
The US unemployment rate in Aug of 2010 was 9.5%. In Aug of 2016, the US unemployment rate was 4.9%. Calculate and interpret the absolute change in unemployment rates.
From Aug 2010 to Aug 2016, unemployment rates in the US [ Select ] [ Select ] [ Select ]
Answer 1: Decreased
2nd Answer: 4.6
Answer 3: Percentage points
In 2015, an estimated 7,620,000 travel books and 4,660,000 humor books were sold.
—————- Compare the number of travel books to humor books using absolute change. (Write your answer only as a positive or negative number (no units).)
—————- Compare the number of travel books to humor books using relative change.(Write your answer as a percentage rounded to the nearest tenth.)
2,960,000 or 2960000 – Correct
63.5% or 63.5 – Correct
The percent of working students increased 10.8% to 58.7%, what was the percent prior to the increase?
(Round your answer to the nearest tenth of a percent.)
53 (margin of error +/- 1%) – Correct
A company hopes to expand their business by 11% in the coming year. If they currently employ 63 people, how many people will the company employ after the expansion? (Round your answer to the nearest whole person. Do not include units with your answer.)
70 – Correct
A new department store opened in January 2016. A graph of the income in the first several months is included below:
Considering the graph above, could we use this linear model to predict income of January 2025? (Complete the sentence below by selecting the best of the available phrases.)
[ Select ] because [ Select ]
No – Correct
we have one year of data and 2025 is 9 years beyond the scope of the model. – Correct
Rock-music sales represented 24.8% of the total music sales in 2000. By 2007, rock-music sales represented 32.4% of the total music sales. Calculate and interpret the unit rate of change (slope).
From 2000 to 2007, rock sales [ Select ] an average of [ Select ] [ Select ] per [ Select ]
Answer 2: 1.09
3rd Answer: Percentage points
Answer 4: Year
Ivy and Tech tuition was $1986 in 2000 and $3090 in 2010.
Calculate the slope, then complete the linear model that would predict the tuition for any year after 2000:
y = [ Select ] x [ Select ] 1986
Answer 1: 110.4
2nd Answer: +
Answer 3: 1986
Consider the graph below:
Use the model to find the expected number of automobile registrations (in millions) for year 1,988. (Express you answer as a decimal rounded to the nearest hundredth. Do not include units with your answer.)
6.36 – Correct
Use the graph below to calculate the growth factor on the savings account graphed. Express your answer as a decimal rounded to the nearest thousandth.
1.005 (with margin: 1) – Correct