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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:

Rate of unemployment will be 25 %

So option (b) will be correct option

Explanation:

We have given that the number of unemployed person = 8 million

And number of person who are employed = 24 million

So total number of person who are employed and unemployed = 24 +8 = 32 million

We have to find the rate of unemployment

Rate of unemployment is given by the ratio of unemployed person to the sum of employed and unemployed

So rate of unemployment [tex]=\frac{8}{32}=0.25[/tex] = 25 %

So option (b) is correct option

Parrain

Based on the number of employed people and the number of unemployed, the unemployment rate would be 25%.

The unemployment rate can be found as:

= Number of unemployed people / ( Number of employed + Number of unemployed)

Solving gives:

= 8 / (24 + 8)

= 8 / 32

= 25%

In conclusion, option B is correct.

Find out more on unemployment rate at https://brainly.com/question/13280244.

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