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Author Question: If a country has a population of 400 million, 160 million people employed and 40 million people ... (Read 170 times)

stock

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Question 1

The unemployment rate is


◦ the number unemployed divided by the labor force.
◦ the number unemployed divided by the number employed.
◦ the number unemployed divided by the population.
◦ the difference between the population and the number employed divided by the population.

Question 2

If a country has a population of 400 million, 160 million people employed and 40 million people looking for work, then its unemployment rate is


◦ 10%.
◦ 20%.
◦ 25%.
◦ 40%.


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Marked as best answer by stock on Apr 19, 2019

ryansturges

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