What would the unemployment rate for that month be


Problem

Suppose you are provided with the following data for your country for a particular month: 200 million people are working, 20 million are not working but are looking for work, and 40 million are not working and have given up looking for work. If we treated discouraged workers as unemployed, what would the unemployment rate for that month be?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What would the unemployment rate for that month be
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