Gce Model Questions Vol1 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2021 Economics Objective / Multiple Choice Medium Difficulty
Question 2 GCE_MODEL_QUESTIONS_VOL1 • 2021 • ECONOMICS • objective

The labour force in a country is 5 million people. The actual unemployment rate is 9 %. Frictional unemployment accounts for 2 % and structural unemployment for 3 %. Calculate the cyclical unemployment rate and the number of people unemployed due to cyclical factors.

Answer Options

Correct Answer A. 200000
B. 250000
C. 150000
D. 300000
Correct Answer
A
Correct Option:
200000

About This Question

This is Gce Model Questions Vol1 2021 Economics Question 2. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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