If the Number of Employed Persons in a Country Equals

Multiple Choice

If the number of employed persons in a country equals 24 million, the number of unemployed persons equals 8 million, and the number of persons in the population aged 16 and older equals 40 million, the unemployment rate equals:

A) 8 percent.
B) 20 percent.
C) 25 percent.
D) 32 percent.
E) 60 percent.