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.
Correct Answer:
Verified
Correct Answer:
Verified
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