Multiple Choice
Which of the following statements describe(s) the unemployment rate? I. The unemployment rate includes those people who do not have a job and have ended their job search.
II) The unemployment rate counts as employed those people who may be only working part-time.
III) The unemployment rate is the percentage of the entire U.S. population that does not have a job but is searching for one.
A) I only
B) II only
C) I and II only
D) III only
Correct Answer:
Verified
Correct Answer:
Verified
Q22: U.S. steelworkers who have lost their jobs
Q46: If the cost of a typical market
Q63: The costs of cyclical unemployment can be
Q95: Frictional unemployment is primarily related to changes
Q118: What is your new salary if you
Q120: Full employment, or the natural rate of
Q123: Nominal GDP in 2006 was $13,458.2 billion.
Q126: Suppose a market basket of goods costs
Q165: In the 1960s, macroeconomists thought policymakers faced
Q167: If nominal GDP and the GDP deflator