Neco Model Questions Vol1 2019 Economics Question 18

Practice objective / multiple choice question 18 from the 2019 Neco Model Questions Vol1 Economics examination.

Neco Model Questions Vol1 2019 Economics Objective / Multiple Choice Medium Difficulty
Question 18 NECO_MODEL_QUESTIONS_VOL1 • 2019 • ECONOMICS • objective

A country's labour force was \(20\) million at the start of 2022. The unemployment rate fell from \(12\%\) to \(9\%\) over the year, while the labour force grew by \(3\%\). How many people moved from unemployment to employment during the year? Give your answer in millions to three decimal places.

Answer Options

A. 0.600
Correct Answer B. 1.146
C. 1.046
D. 0.546
Correct Answer
B
Correct Option:
1.146

About This Question

This is Neco Model Questions Vol1 2019 Economics Question 18. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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