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Basic Question 1 of 9

If the labor force is 100 million and the number of people who are looking for jobs but cannot find them is 6 million, the unemployment rate is ______.

A. 6%
B. 16.7 million
C. 16.7%

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Lina

Lina

Learning Outcome Statements

describe types of unemployment, and compare measures of unemployment;

CFA® 2024 Level I Curriculum, Volume 2, Module 11.