In a Country with a Working-Age Population of 22 Million

Multiple Choice

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The involuntary part-time rate is

A) 6.3 percent.
B) 12.5 percent.
C) 2.8 percent.
D) 5 percent.
E) 0.5 percent.