A Nation Has a Population of 260 Million People

question 145

Multiple Choice

A nation has a population of 260 million people.Of these, 60 million are retired, in the military, in institutions, or under 15 years old.There are 188 million who are employed.What is the unemployment rate?

• A)4 percent
• B)6 percent
• C)9 percent
• D)27 percent

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Definitions:

Corporation's Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

Liability

A financial obligation or amount owed by a company to external parties or creditors, which must be settled through the transfer of assets or services.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation.