ECONOMICS

JAMB 2001 - Question 46

Economics 2001 JAMB Past Questions - Question 46: If the labour force in a given community is 2,000,000, in the wage employment 200,000 and the unemployed are 80,000, what is the unemployment rate in the community?

Choose the correct answers from the options given.
If the labour force in a given community is 2,000,000, in the wage employment 200,000 and the unemployed are 80,000, what is the unemployment rate in the community?
A:
B:
C:
D:
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Correct Answer

A

Explanation