Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
5%
B
10%
C
15%
D
20%
Understanding the Answer
Let's break down why this is correct
Answer
To find the unemployment rate, you need to understand the relationship between unemployed people and the total labor force. The unemployment rate is calculated by taking the number of unemployed individuals and dividing it by the total number of people in the labor force, then multiplying by 100 to get a percentage. In this case, you have 200 unemployed people and a labor force of 2,000. So, you divide 200 by 2,000, which gives you 0. 1.
Detailed Explanation
To find the unemployment rate, divide the number of unemployed people by the total labor force. Other options are incorrect because This answer might come from thinking 200 is a small part of 2,000; Some might think 15% is close to 200 out of 2,000.
Key Concepts
labor force
Topic
Calculating Unemployment Rate
Difficulty
easy level question
Cognitive Level
understand
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