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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 9: B: Business Cycles, Unemployment, and Inflation
  5. Question
    In an Economy, 35 Million Workers Are Employed Out of a Labour
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In an Economy, 35 Million Workers Are Employed Out of a Labour

Question 185

Question 185

Multiple Choice

In an economy, 35 million workers are employed out of a labour force of 50 million and a total population of 70 million.The unemployment rate is:


A) 15 percent.
B) 25 percent.
C) 50 percent.
D) 30 percent.

Correct Answer:

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