If our economy was operating at point O (where the two axes come together) ,we would have an unemployment rate of ______ percent.

A) 0
B) 5
C) 50
D) 95
E) 100

Question

If our economy was operating at point O (where the two axes come together) ,we would have an unemployment rate of ______ percent.A) 0B) 5C) 50D) 95E) 100

Jailyne Sirmans · Accepted Answer

Final Answer : E, Explanation :  Point O, where the two axes come together, typically represents a situation where there is no economic activity happening at all. This would imply that everyone capable of working is unemployed, hence a 100% unemployment rate.

If our economy was operating at point O (where the two axes come together) ,we would have an unemployment rate of ______ percent.

A) 0
B) 5
C) 50
D) 95
E) 100

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