The following information is about a hypothetical economy:

Full-time employed = 80

Part-time employed = 25

Unemployed = 15

Discouraged workers = 5

Members of underground economy = 6

Consumer Price Index = 110
Refer to the given information about a hypothetical economy. The unemployment rate is:

a) 16.7 percent
b) 18.8 percent
c) 25 percent
d) 12.5 percent