Multiple Choice
Which of the following statements is INCORRECT?
A) The labor force is equal to the number of people employed plus the number of people unemployed.
B) The working age population includes everyone over the age of 16.
C) The unemployment rate is the number of persons who are unemployed divided by the labor force then times 100.
D) The labor-force participation rate is the labor force divided by the working-age population then times 100.
Correct Answer:
Verified
Correct Answer:
Verified
Q197: Students who leave school in the spring
Q198: Based on the following data for the
Q199: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q200: Unemployment caused by people voluntarily leaving their
Q201: List the four sources of bias in
Q203: If the labor force participation rate is
Q204: An observer of the economy notices that
Q205: The table below shows data regarding Germany's
Q206: The relationship between the unemployment rate and
Q207: In September 2014, the official U-3 unemployment