A country has a population of 100 million. There are 5 million people unemployed and the country has an unemployment rate of 10%. What is the size of the labour force? A 10 million B 50 million C 90 million D 95 million
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The correct answer is —. This question tests the candidate's understanding of macroeconomic indicators within the Economicssyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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