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    Consider an Economy Made Up of 100 People, 60 of Whom
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Consider an Economy Made Up of 100 People, 60 of Whom

Question 97

Question 97

Multiple Choice

Consider an economy made up of 100 people, 60 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The number counted as unemployed is


A) 10.
B) 15.
C) 40.
D) 30.
E) 90.

Correct Answer:

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