Multiple Choice
In an economy with a population of 100, 6 people are unemployed and 54 people are employed. The unemployment rate is ________ and labor force participation rate is ________.
A) 6%; 60%
B) 10%; 60%
C) 6%; 94%
D) 11.1%; 54%
Correct Answer:
Verified
Correct Answer:
Verified
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