expand icon
book Economic Analysis of Social Issues 1st Edition by Alan Grant cover

Economic Analysis of Social Issues 1st Edition by Alan Grant

Edition 1ISBN: 978-0134098371
book Economic Analysis of Social Issues 1st Edition by Alan Grant cover

Economic Analysis of Social Issues 1st Edition by Alan Grant

Edition 1ISBN: 978-0134098371
Exercise 26
There are 5 million people in an economy. If 3 million are employed and 1 million are unemployed, the unemployment rate is________.
A) 20%
B) 25%
C) 33%
D) 40%
Explanation
Verified
like image
like image

The unemployment rate is a measurement w...

close menu
Economic Analysis of Social Issues 1st Edition by Alan Grant
cross icon