What is the unemployment rate in Country A? 13.33% 11.76% 11.11% 8%

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....
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Country A has a total population of 2.5m and
1.8m are 15+ year-olds. The unemployed
population is 0.2m and the employed
population is 1.5m.
What is the unemployment rate in Country A?
13.33%
11.76%
O 11.11%
8%
Transcribed Image Text:Country A has a total population of 2.5m and 1.8m are 15+ year-olds. The unemployed population is 0.2m and the employed population is 1.5m. What is the unemployment rate in Country A? 13.33% 11.76% O 11.11% 8%
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