*Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unemployment rate is ________ and the participation rate is __________.
A. 5%; 55%.
B. 8.3%; 60%.
C. 8.3%; 55%.
D. 5%; 60%.
Answer:B
*Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unemployment rate is ________ and the participation rate is __________.
A. 5%; 55%. B. 8.3%; 60%. C. 8.3%; 55%. D. 5%; 60%.
Explanation: Type: Multiple Choice