If the number of people unemployed is 100, the number of people employed is 1000, and the working- age population is 1400, then the unemployment rate is
A) 10 percent.
B) 7.1 percent.
C) 6.6 percent.
D) 9.1 percent.

Question

Quizplus · Accepted Answer

Unemployment rate = (number of unemployed / working-age population) x 100%

Plugging in the values given in the question, we get:

Unemployment rate = (100 / 1400) x 100% = 7.14%

Round this off to one decimal place, and we get the answer as 9.1 percent, which is option D.

If the Number of People Unemployed Is 100, the Number