Waec Model Questions Vol1 2023 Economics Question 17
Practice objective / multiple choice question 17 from the 2023 Waec Model Questions Vol1 Economics examination.
In a country with a labour force of 10 million, the unemployment rate is 12 %. Of the unemployed, 5 % are frictionally unemployed and 3 % are structurally unemployed (both percentages of the total labour force). How many persons are unemployed due to cyclical unemployment? Give your answer in persons.
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About This Question
This is Waec Model Questions Vol1 2023 Economics Question 17. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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