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In an Economy with a Population of 100 Million Persons,50

Question 8

Multiple Choice

In an economy with a population of 100 million persons,50 million hold civilian jobs and 20 million are not working but are looking for a job.The unemployment rate is


A) 28.6%.
B) 20%
C) 25%
D) 13.33%
E) There is not enough information to answer this question.

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