Economic policy objectives

The table below shows select labour market data for a country in a given year:

\begin{array}{l|r} \text{Working-age population} & 50.0\text{ million} \\ \text{Number of employed people} & 37.0\text{ million} \\ \text{Economic inactivity rate} & 20.0\% \end{array}

Based on this data, what is the country's unemployment rate?

$6.0%6.0\%$

$7.5%7.5\%$

$8.1%8.1\%$

$26.0%26.0\%$

The table below shows select labour market data for a country in a given year:

\begin{array}{l|r} \text{Working-age population} & 50.0\text{ million} \\ \text{Number of employed people} & 37.0\text{ million} \\ \text{Economic inactivity rate} & 20.0\% \end{array}

Based on this data, what is the country's unemployment rate?

$6.0%6.0\%$

$7.5%7.5\%$

$8.1%8.1\%$

$26.0%26.0\%$

Economic policy objectives Questions