Question
In the following exercises, write each percent as a ratio.The unemployment rate in Michigan in 2014 was 7.3$\%$
Step 1
Since percent means per 100, we write 7.3% as $\frac{7.3}{100}$. Show more…
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In the following exercises, write each percent as a ratio. In 2014 , the unemployment rate for those with only a high school degree was 6.0$\%$
Percents
Understand Percent
In the following exercises, write each percent as a ratio. The unemployment rate for those with Bachelor's degrees was 3.2$\%$ in 2014 .
Suppose the unemployment rate in the United States goes from 6.4% in one year to 5.6% in the next. (i) What is the percentage point decrease in the unemployment rate? (ii) By what percentage has the unemployment rate fallen?
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