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Suppose the population is 250 million people, the labor force is 150 million people, the number of people employed is 130 million and the workingage
Suppose the population is 250 million people, the labor force is 150 million people, the number of people employed is 130 million and the
workingage
population is 200 million people. What is the unemployment rate?
A.
20 million
B.
10.0 percent
C.
13.3 percent
D.
8.0 percent
E.
15.4 percent
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