The correct option is A. The number of unemployed people is 15 because when considering unemployed people, we only considered the labor force that is not willing to work.
A person who is not willing to work or does not have a job is called an unemployed person. It does not include retired people, students, or age groups below 16 years of age.
The complete Question is as Follows:
Consider an economy made up of 100 people, 60 of whom hold jobs, 10 of who are looking for work, and 15 of whom are retired. The number of unemployed persons is _____. a. 15 b. 10 c. 90 d. 40 e. 30
Thus, the number of unemployed people is 15. So, option A is the correct answer to the question.
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