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    Survey of ECON
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    Exam 11: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
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    In November 1995, the Labor Force in Aberdeen, South Dakota
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In November 1995, the Labor Force in Aberdeen, South Dakota

Question 10

Question 10

Multiple Choice

In November 1995, the labor force in Aberdeen, South Dakota, was 14,800. There were 14,483 persons employed. The local unemployment rate was:


A) 1.2 percent.
B) 2.1 percent.
C) 5.6 percent.
D) 7.1 percent.
E) 3.5 percent.

Correct Answer:

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