Table 6.4: Population and Employment in Nationland $\begin{array}{|l|r|r|r|}
\hline&1999&2000&2001\
\hline \text { Working Age Population } & 100 & 110 & 125 \
\hline\text { Employed } & 65 & 70 & 80 \
\hline\text { Unemployed } & 5 & 10 & 20 \
\hline \text { Discouraged Workers } & 2 & 3 & 5 \
\hline
\end{array}$
*all numbers are in millions
What was the unemployment rate in Nationland in 1999?
A)7.6 percent.
B)7.1 percent.
C)5.0 percent.
D)65.0 percent.

Question

Table 6.4: Population and Employment in Nationland $\begin{array}{|l|r|r|r|}
\hline&1999&2000&2001\
\hline \text { Working Age Population } & 100 & 110 & 125 \
\hline\text { Employed } & 65 & 70 & 80 \
\hline\text { Unemployed } & 5 & 10 & 20 \
\hline \text { Discouraged Workers } & 2 & 3 & 5 \
\hline
\end{array}$ 
 *all numbers are in millions
What was the unemployment rate in Nationland in 1999?
A)7.6 percent.
B)7.1 percent.
C)5.0 percent.
D)65.0 percent.

Quizplus · Accepted Answer

The unemployment rate is calculated as the number of unemployed individuals divided by the labor force (employed plus unemployed) times 100. For 1999, this is $\frac{5}{65+5} \times 100 = 7.1$ percent.

Table 64: Population and Employment in Nationland *All Numbers Are in Millions What Was the Unemployment Rate

Table 64: Population and Employment in Nationland *All Numbers Are in Millions
What Was the Unemployment Rate