Multiple Choice
Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the labor force, the ________ equals ________.
A) unemployment rate; 25/100 × 100
B) unemployment rate; 25/75 × 100
C) labor force; 75
D) labor force; 25/100 × 100
Correct Answer:
Verified
Correct Answer:
Verified
Q82: Full employment occurs<br>A) only if the unemployment
Q83: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q84: When the automobile replaced horse-drawn carriages as
Q85: The natural unemployment rate<br>A) estimated to be
Q86: Unemployment that is the result of recessions
Q88: During a recession, the<br>A) number of discouraged
Q89: The natural unemployment rate<br>A) is the same
Q90: Cyclical unemployment is the result of<br>A) technological
Q91: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In 2016, consumers
Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the table