If the active population is 50 million and unemployed is 5 million what is the
ECONOMICS
JAMB 2008
If the active population is 50 million and unemployed is 5 million what is the unemployment rate?
- A. 10%
- B. 45%
- C. 55%
- D. 90%
Correct Answer: A. 10%
Explanation
Unemployment rate id given as; Number of unemployed people
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