If a country has a population of 300 million, 135 million people employed and 15 million people looking for work, then its unemployment rate is
A) 5%.
B) 10%.
C) 15%.
D) 35%.
Correct Answer:
Verified
Q2: Economists define the labor force to include
A)
Q3: If you hear a person saying "I
Q4: The labor force includes those people with
Q5: The type of unemployment that is due
Q6: Which of the following would be likely
Q7: If you hear a person saying "I
Q8: The functioning of the labor market primarily
Q9: The number unemployed divided by the labor
Q10: Employment tends to rise when
A) aggregate output
Q11: If you hear a person saying "I
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