Neco 2018 Economics Question 38
Practice objective / multiple choice question 38 from the 2018 Neco Economics examination.
In an economy the labour force is 12 million and the unemployment rate is 7%. After a policy the labour force rises by 5% and the number of unemployed falls by 200,000. What is the new unemployment rate (to two decimal places)?
Answer Options
About This Question
This is Neco 2018 Economics Question 38. It is one of the objective questions from the 2018 Neco 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.