Suppose a country has a population of 61 million, of which 37 million are in the working-age population.Of those, 11 million are not in the labor force and 23 million are employed.The unemployment rate is
A) 12.7 percent.
B) 11.5 percent.
C) 8.1 percent.
D) 4.9 percent.
Correct Answer:
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