Question
Table: Labor Force Data: Population: 300 mln Labor Force: 150 mln People employed: 135 mln. 9. What is the unemployment rate in the above Table?
Table: Labor Force Data:
Population: 300 mln
Labor Force: 150 mln
People employed: 135 mln.
9. What is the unemployment rate in the above Table?
A) 2.0 percent.
B) 4.5 percent.
C) 5.0 percent.
D) 10.0 percent.
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
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