Multiple Choice
If the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labor force, 10 million unemployed and 150 million employed, the unemployment rate is
A) 23.3 percent.
B) 6.7 percent.
C) 6.25 percent.
D) 26.7 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q127: An individual who has stopped looking for
Q325: Explain the CPI bias and how it
Q326: During an economic expansion, real GDP _
Q327: How does the Current Population Survey determine
Q329: If unemployment is at the natural rate,
Q331: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q332: Reflecting the state of the economy in
Q333: Explain the difference between frictional and structural
Q334: Which of the following people would be
Q335: For each of the following values of