Table 20-1 Consider the Data Above for a Simple Economy

question 226

Multiple Choice

Table 20-1
Consider the data above for a simple economy.
-Refer to Table 20-1. The unemployment rate for this simple economy equals

• A) (100/1,000) × 100.
• B) (100/1,100) × 100.
• C) (100/15,000) × 100.
• D) (100/20,000) × 100.