Multiple Choice
Suppose the population is 220 million people, the labor force is 150 million people, the number of people employed is 130 million and the working-age population is 175 million people. What is the unemployment rate?
A) 15.4 percent
B) 11.4 percent
C) 9.0 percent
D) 13.3 percent
Correct Answer:
Verified
Correct Answer:
Verified
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