Waec Model Questions Vol1 2019 Economics Question 17

Practice objective / multiple choice question 17 from the 2019 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2019 Economics Objective / Multiple Choice Medium Difficulty
Question 17 WAEC_MODEL_QUESTIONS_VOL1 • 2019 • ECONOMICS • objective

In 2020 the total labour force of a country was 20 million and the number of employed persons was 16.5 million. Structural unemployment accounts for 4 % of the labour force and frictional unemployment for 2 % of the labour force. What was the cyclical unemployment rate (as a percentage of the labour force) in 2020?

Answer Options

A. 8.0%
B. 9.5%
Correct Answer C. 11.5%
D. 13.0%
Correct Answer
C
Correct Option:
11.5%

About This Question

This is Waec Model Questions Vol1 2019 Economics Question 17. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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