Solved

If the Population Older Than 16 Years of Age Equals

Question 90

Multiple Choice

If the population older than 16 years of age equals 150 million, the labor force equals 110 million, and the total number of persons employed equals 98 million, then the unemployment rate is:


A) 8 percent.
B) 38 percent.
C) 10.9 percent.
D) 28 percent.
E) 12.2 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: Unemployment rises in _, and falls in

Q50: If firms pay employees an efficiency wage:<br>A)​absenteeism

Q60: Which of the following is true?<br>A)​A depression

Q86: Figure 11-A<br>Assuming the data in this figure

Q89: Economists consider cyclical unemployment to be the

Q93: Which of the following describes the historical

Q95: Discouraged workers are defined as those:<br>A)​whose productivity

Q155: Unemployment caused by a contraction in the

Q191: Persons who do not hold a job

Q194: Which of the following statements is correct?<br>A)​Technological