Multiple Choice
A city in which 320,000 persons are employed has a labor force of 359,500 persons. The unemployment rate for the city is:
A) 7.8 percent.
B) 11.0 percent.
C) 12.3 percent.
D) 14.5 percent.
E) 15 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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