Gce Model Questions Vol1 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2019 Economics Objective / Multiple Choice Medium Difficulty
Question 14 GCE_MODEL_QUESTIONS_VOL1 • 2019 • ECONOMICS • objective

In an economy with a labour force of 12 million, the natural rate of unemployment is 5 % and the actual unemployment rate is 9 %. Calculate the cyclical unemployment rate as a percentage of the labour force.

Answer Options

A. 3
B. 5
C. 2
Correct Answer D. 4
Correct Answer
D
Correct Option:
4

About This Question

This is Gce Model Questions Vol1 2019 Economics Question 14. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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