Refer to the information provided in Table 7.1 below to answer the questions that follow.
Table 7.1
-Refer to Table 7.1. The unemployment rate is
A) 14.3%.
B) 16.7%.
C) 17.6%.
D) 25.0%.

Question

Refer to the information provided in Table 7.1 below to answer the questions that follow.
Table 7.1 
-Refer to Table 7.1. The unemployment rate is
A) 14.3%. 
B) 16.7%. 
C) 17.6%. 
D) 25.0%.

Quizplus · Accepted Answer

The unemployment rate can be calculated by dividing the number of unemployed individuals by the total labor force and multiplying by 100. In this case, the number of unemployed individuals is 2,200 and the total labor force is 12,500. So, (2,200/12,500) * 100 = 17.6%. Therefore, the correct answer is C.

Refer to the Information Provided in Table 7