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Suppose There Are Currently 100 People Unemployed, 1,500 People Employed

Question 362

Multiple Choice

Suppose there are currently 100 people unemployed, 1,500 people employed, 1,600 people in the labor force, and 2,000 people in the working age population. The unemployment rate equals 100 times


A) 100/1,500.
B) 100/1,600.
C) 100/2,000.
D) 1,500/2,000.

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