Suppose that of all adult Americans, 140 million are employed, 10 million are unemployed and actively seek jobs, 5 million are not in the labor force, and 10 million are part-time workers looking for full-time jobs. The unemployment rate equals
A) 4.4 percent
B) 5.5 percent
C) 6.7 percent
D) 7.3 percent
Correct Answer:
Verified
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