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    Macroeconomics Principles Study Set 1
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    Exam 6: Measuring Inflation and Unemployment
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    If the Labor Force Is 20 Million People and the Total
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If the Labor Force Is 20 Million People and the Total

Question 21

Question 21

Multiple Choice

If the labor force is 20 million people and the total employed is 18 million, what is the unemployment rate?


A) 2%
B) 10%
C) 18%
D) 20%

Correct Answer:

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