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An Economy's Current GDP Is $100 Billion, the Labour Force

Question 60

Multiple Choice

An economy's current GDP is $100 billion, the labour force is composed of 2.2 million people, and 2 million people are employed. What is this economy's labour utilization rate?


A) 0.91
B) 0.2
C) 0.45
D) 4.4
E) 0.22

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