Neco 2020 Economics Question 24
Practice objective / multiple choice question 24 from the 2020 Neco Economics examination.
The labour force of a country is 5,000,000 and the unemployment rate is 12%. A training programme moves 150,000 unemployed persons into employment and simultaneously attracts an additional 50,000 people into the labour force. What is the new unemployment rate (to one decimal place)?
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About This Question
This is Neco 2020 Economics Question 24. It is one of the objective questions from the 2020 Neco Economics examination.
Difficulty level: Medium .
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