Neco 2021 Economics Question 26
Practice objective / multiple choice question 26 from the 2021 Neco Economics examination.
In a country the total labour force is 2,500,000 persons. The number of employed persons is 2,150,000. The frictional unemployment rate is \(2\%\) of the labour force and the structural unemployment rate is \(3\%\) of the labour force. Calculate the number of persons who are cyclically unemployed.
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About This Question
This is Neco 2021 Economics Question 26. It is one of the objective questions from the 2021 Neco Economics examination.
Difficulty level: Medium .
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