Waec Model Questions Vol1 2018 Economics Question 14
Practice objective / multiple choice question 14 from the 2018 Waec Model Questions Vol1 Economics examination.
Country X has a labour force of 8 million. Its natural rate of unemployment is 6%. During a recession cyclical unemployment rises to 4% of the labour force. After the economy recovers, cyclical unemployment falls by half. What is the overall unemployment rate after recovery and how many people are unemployed?
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About This Question
This is Waec Model Questions Vol1 2018 Economics Question 14. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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