If the number of unemployed workers is 200 million,and the number in the labor force is 500 million,what is the unemployment rate?
A)0.4%
B)4%
C)14%
D)40%

Name: If the number of unemployed workers is 200 million,and the number in the labor force is 500 million,what is the unemployment rate? A)0.4% B)4% C)14% D)40%
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Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed workers by the total labor force and then multiplying by 100. So, (200 million / 500 million) * 100 = 40%.

If the Number of Unemployed Workers Is 200 Million,and the Number