Question
A country has a working-age population of 30 million, with 18 million employed and 2 million unemployed. 2 million of the employed are working part-time,
A country has a working-age population of 30 million, with 18 million employed and 2 million unemployed. 2 million of the employed are working part-time, and half of these persons wish to work full-time. The unemployment rate is
A. 10 percent
B. 20 percent
C. 40 percent
D. 50 percent
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Managerial Economics
Authors: Mark Hirschey
14th edition
9781473709263, 1473709261, 1473717343, 1473717345, 978-1305506381
