Question
Macroeconomics Question on Inflation and unemployment
Consider the information given in the table below:
Year | Unemployment Rate (in percent) | Number of unemployed (in millions) | Labour Force Participation Rate (in percent) |
---|---|---|---|
2010 | 15 | 30 | 70 |
2020 | 20 | 50 | 80 |
The percentage change in working-age population from 2010 to 2020 is __________ (rounded off to two decimal places).
Answer
The correct answer is :9.30