Assuming there are 200 million people employed in the United States and 5 million people unemployed, the unemployment rate would therefore approximately equal
A) 2.4 percent.
B) 3.2 percent.
C) 5.0 percent.
D) an undetermined amount given the lack of information
Question 2
Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 3?
A) 1.7 percent
B) 2.0 percent
C) 7.7 percent
D) 5.9 percent