Q1) The labor force in Pakistan is 15,000,000 and the number of employed is 12,000,000. 1) Calculate the number of unemployed and the unemployment rate. 2) Also discuss it in few lines by comparing it with NRU (natural rate of unemployment 5%)
Q1) The labor force in Pakistan is 15,000,000 and the number of employed is 12,000,000. 1) Calculate the number of unemployed and the unemployment rate. 2) Also discuss it in few lines by comparing it with NRU (natural rate of unemployment 5%)
Chapter7: Unemployment And Inflation
Section: Chapter Questions
Problem 16E
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Q1) The labor force in Pakistan is 15,000,000 and the number of employed is 12,000,000.
1) Calculate the number of unemployed and the
2) Also discuss it in few lines by comparing it with NRU (natural rate of unemployment 5%) (150words)
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