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  3. Study Set
    Survey of ECON
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    Exam 11: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
  5. Question
    A Small Town Named Erbia Has a Labor Force of 78,567
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A Small Town Named Erbia Has a Labor Force of 78,567

Question 82

Question 82

Multiple Choice

A small town named Erbia has a labor force of 78,567 persons of whom 74,382 are employed. Erbia's unemployment rate is:


A) 5.3 percent.
B) 5.6 percent.
C) 6.0 percent.
D) 7.8 percent.
E) 8.9 percent.

Correct Answer:

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