Multiple Choice
The rate of unemployment can be calculated by
A) simply dividing all unemployed persons by all employed persons.
B) subtracting those employed from the total labor force to find the number of unemployed and express this number as a percent of the total labor force.
C) subtract those unemployed from the total labor force and express this number as a percent of the total labor force.
D) dividing all unemployed by the population.
Correct Answer:
Verified
Correct Answer:
Verified
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