Business, 07.03.2020 02:16 mamatonya5p5jl11

A survey reveals that on a small island, initially 40 people have jobs, 10 people are looking for jobs, and 30 people are neither working nor looking for work. Suppose that 10 of the 30 people who weren't looking for work now begin looking for work. There are now 20 people looking for work and 40 people working. What happens to the unemployment rate?

A) It rises to 33.3%.
B) It rises to 50.0%.
C) It falls to 25.0%.
D) Nothing happens to the unemployment rate, because these people weren't working before and they aren't working now.

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