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Hypothetical Labour statistics for Country X. Population 25 million Working Age Population 15 million Civilian Labour Force 10 million Employed 8 million Unemployed 2 million

Hypothetical Labour statistics for Country X.

Population	25 million
Working Age Population	15 million
Civilian Labour Force	10 million
Employed	8 million
Unemployed	2 million

a. Referring to the table above, calculate the unemployment rate for Country X. Include the calculation. (1 mark) (20 words)

b. Is cyclical unemployment something macroeconomics policymakers in Country X should be concerned about? Explain. (2 marks) (40-50 words)

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