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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 7: Unemployment and Inflation
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    In an Economy,U = the Number of Adults Who Are
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In an Economy,U = the Number of Adults Who Are

Question 127

Question 127

Multiple Choice

In an economy,U = the number of adults who are unemployed,E = the number of adults who are employed,and NLF = the number of adults not in the labor force.The unemployment rate of the economy is equal to:


A) U/(E + NLF) .
B) U/E.
C) U/(U + E) .
D) U/(U + E − NLF) .

Correct Answer:

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