Waec Model Questions Vol1 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2025 Economics Objective / Multiple Choice Medium Difficulty
Question 19 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

In an economy the labour force is 12 million and the number of employed persons is 10.5 million. The natural rate of unemployment is 5 %. Calculate the number of people who are cyclically unemployed.

Answer Options

A. 0.75 million (750,000) people
B. 0.6 million (600,000) people
C. 1.5 million (1,500,000) people
Correct Answer D. 0.9 million (900,000) people
Correct Answer
D
Correct Option:
0.9 million (900,000) people

About This Question

This is Waec Model Questions Vol1 2025 Economics Question 19. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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