Multiple Choice
Suppose that a country's population is 30 million and it has a labour force of 15 million people. Assuming it has 500 000 people unemployed, the country's unemployment rate is
A) 2.5 percent.
B) 3.3 percent.
C) 4.5 percent.
D) 6.7 percent.
E) 9.0 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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