Suppose That a Country's Population Is 30 Million and It

question 53

Multiple Choice

Suppose that a country's population is 30 million and it has a labour force of 15 million people.If 14.5 million people are employed,the country's unemployment rate is

• A)2.5%.
• B)3.3%.
• C)4.5%.
• D)6.7%.
• E)9.0%.

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Definitions:

Computers

Electronic devices that are designed to store, process, and retrieve data efficiently and accurately.

U.S.

Refers to the United States of America, a country consisting of 50 states and a federal district, known for its significant influence on world affairs.

Per Capita GDP

A measure that calculates the economic output per person by dividing the GDP of a country by its population.

Declined

A decrease or reduction in a certain activity, condition, or quantity, often indicating a downward trend.