Question 3 • Financial Math
The unemployment rate is the number of unemployed people divided by the labor force, then multiplied by 100. There are 6 million people in the labor force and 5 million employed, so 1 million are unemployed. Divide 1 million by 6 million and multiply by 100; this is choice D, “Divide 1 million by 6 million. Then multiply by 100.”
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