Gce Model Questions Vol1 2019 Economics Question 12
Practice objective / multiple choice question 12 from the 2019 Gce Model Questions Vol1 Economics examination.
A country has a labour force of 10 million people and an unemployment rate of 8 %. Of this unemployment, 3 % of the labour force is structural and the remainder is frictional. A training programme reduces structural unemployment by 0.5 percentage points without affecting frictional unemployment. What is the new overall unemployment rate (as a percentage) after the programme?
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About This Question
This is Gce Model Questions Vol1 2019 Economics Question 12. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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