Gce Model Questions Vol1 2019 Economics Question 15
Practice objective / multiple choice question 15 from the 2019 Gce Model Questions Vol1 Economics examination.
If a rise in the real wage leads the unemployment rate to increase from 6 % to 7.2 %, and the wage itself rises by 10 %, what is the elasticity of unemployment with respect to the wage (expressed as a unit‑less number)?
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About This Question
This is Gce Model Questions Vol1 2019 Economics Question 15. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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