A country has a total population of 10 million. Of these, 6 million are part of the labor force, but only 5 million are currently employed. Which explains how to calculate the unemployment rate?
Answer
A
Divide 5 million by 10 million. Then multiply by 100.
B
Divide 1 million by 6 million. Then multiply by 100.
C
Divide 5 million by 6 million. Then multiply by 100.
D
Divide 1 million by 10 million. Then multiply by 100.