The table below shows information on the adult population of a small country.   Employment Information Adult population 31.1 million Full-time workers 15.1 million Part-time workers 4.3 million Unemployed workers actively seeking employment 1.3 million Unemployed workers not actively seeking employment 1.1 million   What is the unemployment rate?   Multiple Choice   4.9 percent   4.2 percent   2.7 percent   6.3 percent

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 9P
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The table below shows information on the adult population of a small country.

 

Employment Information

Adult population 31.1 million
Full-time workers 15.1 million
Part-time workers 4.3 million
Unemployed workers actively seeking employment 1.3 million
Unemployed workers not actively seeking employment 1.1 million

 

What is the unemployment rate?

 

Multiple Choice
  •  
    4.9 percent
  •  
    4.2 percent
  •  
    2.7 percent
  •  
    6.3 percent
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