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The number of employed people are 20mn. The number of unemployed people are 5 mn, What...

The number of employed people are 20mn. The number of unemployed people are 5 mn, What is the unemployment rate in the economy?

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Answer #1

lince; Unemployment rate (UR) / Unemployed employed tunemployed, (2005 J xlo Tur = 206.7

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