Suppose the Working-Age Population of a Fictional Economy Falls into the Following

Multiple Choice

Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full-time employment; 20 have part-time employment; 20 do not have employment, but are actively looking for employment; and 10 would like employment but do not have employment and are not actively looking for employment.The official unemployment rate as calculated by Statistics Canada would equal

A) (20/60) × 100%.
B) (20/80) × 100%.
C) (30/80) × 100%.
D) (20/100) × 100%.
E) (60/90) × 100%.