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    Exam 26: The Macroeconomic Environment of Business
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    If the Number of People Employed Is 120,000 and the Labour
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If the Number of People Employed Is 120,000 and the Labour

Question 60

Question 60

Multiple Choice

If the number of people employed is 120,000 and the labour force is 150,000, the unemployment rate


A) is 20%.
B) is 25%.
C) is 8%.
D) cannot be determined from this information.

Correct Answer:

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