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mrb0714 mrb0714
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A month ago
Scenario: Consider Country A with a population of 2 million people. In Country A, there are 1.5 million people employed; 0.3 million younger than 18, in school or retired; 0.1 million voluntarily unemployed; and 0.1 million people officially unemployed.


Refer to the scenario above. What is the current unemployment rate in Country A?

▸ 25 percent

▸ 7.5 percent

▸ 6.25 percent

▸ 5 percent
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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ricyoungricyoung
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A month ago
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6.25 percent

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