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

Price stability and inflation — practice question

A nation has a total population of 100 million. Five million individuals are unemployed, and the unemployment rate is 10%. What is the size of the labour force?

A10 million
B50 million
C90 million
D95 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