If the employment-population ratio is 64 percent and the labor force participation rate is 72 percent, what is the unemployment rate?
A) 9 percent. B) 8 percent. C) 11.1 percent. D) none of the above or not enough information.
[(72-64)/72] x 100 = 11.1 percent
why this question is C? not B? I need professional explanation to help me challenge this question! Thk!
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