QUESTIONS 33 THROUGH 44 RELATE TO ECONOMICS

36. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
36. The following information applies to an economy: Total population 1,100 Working age population 975 Labor force 750 Underemployed 120 Unemployed 95 Discouraged workers 80 Frictionally unemployed 25 Voluntarily unemployed 40 The unemployment rate in the economy is closest to: A. 9.7%. B. 12.6%. C. 16.0%.