menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 6: Measuring Inflation and Unemployment
  5. Question
    The Nation of Workovia Has a Population of 15 Million
Solved

The Nation of Workovia Has a Population of 15 Million

Question 5

Question 5

Multiple Choice

The nation of Workovia has a population of 15 million people, of whom 10 million are in the labor force and 9 million are working. Workovia's unemployment rate is


A) 10%.
B) 27%.
C) 33%.
D) 60%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Define full employment and its relationship to

Q2: _ is a reduction in the rate

Q3: If nominal GDP in 2014 is $20,000

Q4: (Table) The following table shows a hypothetical

Q6: If the structural unemployment rate is 3%,

Q7: The broadest measure of inflation is the<br>A)

Q8: The GDP deflator is a measure of

Q9: Frictional unemployment occurs when job openings<br>A) exist

Q10: The goal of deflating a GDP series

Q11: Jennifer received news that she is getting

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines