Gce Model Questions Vol1 2022 Economics Question 11
Practice objective / multiple choice question 11 from the 2022 Gce Model Questions Vol1 Economics examination.
The economy has a labour force of \(20\) million and an unemployment rate of \(8\%\). The government creates \(200{,}000\) jobs in one year, and the labour force grows by \(1\%\) during the same period. What is the unemployment rate after one year (express your answer to one decimal place)?
Answer Options
About This Question
This is Gce Model Questions Vol1 2022 Economics Question 11. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Economics examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.