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Consider the following information regarding the working-age population for an economy: Employed: 10,000K Unemployed: 1,000K Not in labor force: 9,000K What is the economy's unemployment

Consider the following information regarding the working-age population for an economy:

Employed: 10,000K

Unemployed: 1,000K

Not in labor force: 9,000K

What is the economy's unemployment rate?

Question 4 options:

A)

5.0%

B)

9.1%

C)

10.0%

D)

11.1%

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