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

Price stability and inflation — practice question

A nation has a population of 500 million. There are 15 million unemployed people, and the unemployment rate in the nation is 6%. What is the labour force size?

A90 million
B250 million
C470 million
D485 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