Scenario: Consider Country a with a Population of 2 Million

Multiple Choice

Scenario: Consider Country A with a population of 2 million people. In Country A, there are 1.5 million people employed; 0.3 million younger than 18, in school or retired; 0.1 million voluntarily unemployed; and 0.1 million people officially unemployed.
-Refer to the scenario above.What is the current unemployment rate in Country A?

A) 5 percent
B) 6.25 percent
C) 7.5 percent
D) 25 percent