Waec Model Questions Vol1 2024 Economics Question 20
Practice objective / multiple choice question 20 from the 2024 Waec Model Questions Vol1 Economics examination.
In a country with a labour force of 5,000,000, the unemployment rate is 12%. Of the unemployed, 2% of the labour force are frictionally unemployed and 3% are structurally unemployed. Calculate the number of people who are cyclically unemployed.
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About This Question
This is Waec Model Questions Vol1 2024 Economics Question 20. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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