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    Principles of Macroeconomics Study Set 12
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    Exam 5: Introduction to Macroeconomics
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    If the Labor Force Is 500 and Employment Is 450
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If the Labor Force Is 500 and Employment Is 450

Question 23

Question 23

Multiple Choice

If the labor force is 500 and employment is 450, then the unemployment rate is


A) 100%.
B) 90%.
C) 10%.
D) 0%.

Correct Answer:

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