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    Exam 5: Unemployment and Inflation
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    If the Number of Unemployed Workers Is 1
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If the Number of Unemployed Workers Is 1

Question 201

Question 201

Multiple Choice

If the number of unemployed workers is 1.9 million, the number in the working-age population is 50 million, and the unemployment rate is 4%, what is the labour force participation rate?


A) 4.75%
B) 7.8%
C) 63%
D) 95%
E) 96.2%

Correct Answer:

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