Multiple Choice
Suppose there are currently 100 people unemployed, 1500 people employed, 1600 people in the labor force, and 2000 people in the working age population. The unemployment rate equals 100 times
A) 100/2000.
B) 100/1500.
C) 100/1600.
D) 1500/2000.
Correct Answer:
Verified
Correct Answer:
Verified
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