Waec Model Questions Vol1 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2019 Economics Objective / Multiple Choice Medium Difficulty
Question 10 WAEC_MODEL_QUESTIONS_VOL1 • 2019 • ECONOMICS • objective

In a country the labour force is 2,000,000. Currently 1,800,000 people are employed. The government launches a training programme that reduces cyclical unemployment by 25 % while structural unemployment remains unchanged. If structural unemployment accounts for 40 % of total unemployment, what is the new unemployment rate after the programme?

Answer Options

A. 9.0%
B. 7.5%
Correct Answer C. 8.5%
D. 10.0%
Correct Answer
C
Correct Option:
8.5%

About This Question

This is Waec Model Questions Vol1 2019 Economics Question 10. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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