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 over age 16 in the population equals 40 million, the unemployment rate equals:
A) 8 percent.
B) 20 percent.
C) 25 percent.
D) 32 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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