Multiple Choice
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 above information.The unemployment rate is:
A) 18.8 percent.
B) 12.5 percent.
C) 16.7 percent.
D) 25 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: "Depression means idleness.And idleness means loss of
Q54: During 1993-1994, Democratic Republic of Congo has
Q56: Cyclical unemployment is a consequence of:<br>A)a decline
Q57: Unanticipated inflation benefits some groups in the
Q58: Which of the following constitute the unemployment
Q60: If the price level doubles in a
Q61: Suppose the consumer price index was 140.3
Q62: In recent years the Canadian unemployment rate
Q63: In 2014, Ortega's nominal income rose by
Q64: During a period of hyperinflation:<br>A)debtors gain because