Neco 2017 Economics Question 23
Practice objective / multiple choice question 23 from the 2017 Neco Economics examination.
In a country the labour force is \(8,000,000\) and the unemployment rate is \(15\%\). The natural rate of unemployment is \(9\%\). Determine the number of people who are unemployed due to cyclical factors.
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About This Question
This is Neco 2017 Economics Question 23. It is one of the objective questions from the 2017 Neco Economics examination.
Difficulty level: Medium .
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