Suppose the population over age 15 is 150 million, the participation rate is 60

percent, and the unemployment rate is 10 percent. If the labor force grows by 3

percent and employment grows by 2 percent, what does the unemployment rate

become?

a) less than or equal to 10%b) more than 10% but not more than 10.5%

c) more than 10.5% but not more than 11%d) more than 11%