Answer the question on the basis of the following information about a hypothetical economy: Full-Time Employed =
Part-Time Employed = 25
Unemployed
Discouraged Workers = 5
Members of Underground Economy = 6
Consumer Price Index Refer to the given information.The unemployment rate is:
A) 18.8 percent.
B) 12.5 percent.
C) 16.7 percent.
D) 25 percent.
Correct Answer:
Verified
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