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    Principles of Macroeconomics Study Set 12
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    Exam 7: Unemployment, Inflation, and Long-Run Growth
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    If the Unemployment Rate Is 7% and the Number of People
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If the Unemployment Rate Is 7% and the Number of People

Question 232

Question 232

Multiple Choice

If the unemployment rate is 7% and the number of people employed is 300,000, total number of people unemployed is approximately


A) 21,000 people.
B) 22,580 people.
C) 23,330 people.
D) 42,050 people.

Correct Answer:

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