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Suppose the Town of Treeville Has a Population of 200

Question 170

Multiple Choice

Suppose the town of Treeville has a population of 200, of which 120 are in the labor force. Of those in the labor force, 100 are employed and 20 are unemployed. The unemployment rate in Treeville is _____.


A) 10%
B) 17%
C) 20%
D) 60%

Correct Answer:

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