If the number of employed persons in a country equals 24 million, the number of unemployed persons equals 8 million, and the number of persons over age 16 in the population equals 40 million, the unemployment rate equals:
a. 8 percent
b. 20 percent.
c. 25 percent.
d. 32 percent.
c
Economics
You might also like to view...
The 10-year protection period from generic competition for drug manufacturers is a form of
A) trademark. B) hallmark. C) patent. D) copyright.
Economics
Refer to above Table 2-2. The geometric average of the increase in real GDP between year 1 and year 2 is
A) 3.1%. B) 3.2%. C) 3.3%. D) 3.8%.
Economics