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

Price stability and inflation — practice question

The table presents several labour market statistics: number of people of working age: 45 million; number of people unemployed: 2 million; number of people in the labour force: 40 million; number of people in the population: 80 million. What is the unemployment rate?

  • A2.5%
  • B5%
  • C6.25%
  • D12.5%

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