A nation has a population of 100 million. 60 million are of working age, and 50 million are in the labour force. The country’s unemployment rate stands at 10%. How many people are employed?
- A40 million
- B45 million
- C50 million
- D54 million
Economics 9708 · AS & A Level · Price stability and inflation
A nation has a population of 100 million. 60 million are of working age, and 50 million are in the labour force. The country’s unemployment rate stands at 10%. How many people are employed?