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Suppose the Current Unemployment Rate Is 5 Percent, the Labor

Question 364

Multiple Choice

Suppose the current unemployment rate is 5 percent, the labor force is 400 million people, the labor force participation rate is 80 percent and the working- age population is 500 million people. What number of people are unemployed?


A) 100 million people
B) 25 million people
C) 5 million people
D) 20 million people

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