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If the number of employed persons in a country equals 24 million, the number of unemployed persons equals 8 million, and the number of persons over age 16 in the population equals 40 million, the unemployment rate equals: A. 32%. B. 25%. C. 20%. D. 8%.

Respuesta :

Answer:

B. 25%

Explanation:

Given that

employed persons = 24 million

unemployed persons = 8  million

Population over 16 age = 40  million

The total number of the labor force = unemployed persons + employed persons

  The total number of the labor force   = 24 + 8 = 32 million

[tex]Unemployed\ rate = \dfrac{unemployed\ population}{ labor force}\times 100[/tex]

[tex]Unemployed\ rate = \dfrac{8}{32}\times 100[/tex]

Unemployed rate = 25 %

Therefore the answer is B.

B. 25%

The unemployment rate refers to the percentage of people who are now unemployed in a certain economy. Option c is the correct answer.

What is the unemployment rate?

[tex]\text{Given:} \\\text{Employed persons = 24 million}\text{Unemployed persons = 8 million}\text{Population over 16 age = 40 million}\text{The total number of the labor force = unemployed persons + employed persons}\text{The total number of the labor force = 24 + 8 = 32 million}[/tex]

[tex]\text{unemployed rate} = \frac{\text{Unemployed Population}}{\text{labor force}} \text{ x } 100[/tex]

[tex]\text{unemployed rate} = \frac{8}{20} \text{ x } 100\\\\\text{unemployed rate} = 25 \text{percent}[/tex]

For more information about the employment rate, refer below

https://brainly.com/question/6197168

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