A-LevelEconomicsThe macroeconomy9708/12 · Oct/Nov 2013 · Q231 Mark

A country has a population of 500 million. 15 million people are unemployed and the country has an unemployment rate of 6%. What is the size of the labour force?

A90 million

B250 million

C470 million

D485 million

✓ Correct answer

B: 250 million

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2013 Paper 1 Variant 2, question 23.

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