If the number of employed persons in a country equals 24 million, the number of unemployed persons equals 8 million, and the number of persons over age 16 in the population equals 40 million, the unemployment rate equals: a. 32%. b. 25%. c. 20%. d. 8%.

B. 25%

Explanation:

Given that

employed persons = 24 million

unemployed persons = 8  million

Population over 16 age = 40  million

The total number of the labor force = unemployed persons + employed persons

  The total number of the labor force   = 24 + 8 = 32 million

Unemployed rate = 25 %

Therefore the answer is B.

B. 25%

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