If the Labour Force Includes 100 Million Workers and 5

question 160

Multiple Choice

If the labour force includes 100 million workers and 5 million people are unemployed but actively seeking work,then the unemployment rate is _____%.

• A) 1
• B) 5
• C) 10
• D) 95

---

Definitions:

IRR

A financial metric used to estimate the profitability of potential investments, equal to the discount rate that makes the net present value of all cash flows both in and out of the investment equal to zero.

Pawn Shop

A retail business that lends money to people who bring in valuable items which they leave with the pawnbroker as collateral.

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.