If the labour force of a country is 2.5 million and 2 million are employed

ECONOMICS
WAEC 2011

If the labour force of a country is 2.5 million and 2 million are employed , what is the unemployment rate?

  • A. 0.2%
  • B. 20%
  • C. 200%
  • D. 250%

Correct Answer: B. 20%



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