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    Exam 5: Monitoring Jobs and Inflation
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    Suppose the Working-Age Population Is 220 Million, the Labor Force
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Suppose the Working-Age Population Is 220 Million, the Labor Force

Question 318

Question 318

Multiple Choice

Suppose the working-age population is 220 million, the labor force is 150 million, and the unemployment rate is 10 percent. The number of unemployed people is


A) 15 million.
B) 22 million.
C) 37 million.
D) 7 million.

Correct Answer:

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