Economics 9708 · AS & A Level · Price stability and inflation

Price stability and inflation — practice question

In a country where the population is 100 million, 60 million people are of working age and 50 million are in the labour force. If the unemployment rate stands at 10%, how many people have jobs?

  • A40 million
  • B45 million
  • C50 million
  • D54 million

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI