If the number of employed workers in an economy is 8 million, the number of potential workers in the economy is 12 million, and the number of adults not in the labor force is 1 million, the number of unemployed people in the economy will equal:
A) 3 million. B) 5 million. C) 1 million. D) 7 million.
Question 2
Both the World Bank and the IMF typically
A) charge lower than average loan rates to ensure repayment.
B) impose stringent preconditions that the borrowers must meet.
C) charge higher than average loan rates.
D) make loans for less than 5 years only.
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