A country has a labor force of 50 million and an unemployment rate of 4%. How ma

Practice Questions

Q1
A country has a labor force of 50 million and an unemployment rate of 4%. How many people are unemployed?
  1. 1 million
  2. 2 million
  3. 2.5 million
  4. 3 million

Questions & Step-by-Step Solutions

A country has a labor force of 50 million and an unemployment rate of 4%. How many people are unemployed?
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