Multiple Choice
The ________ is the number of unemployed divided by the labor force and the ________ is the number of employed divided by the adult population.
A) unemployment rate; employment rate
B) unemployment rate; employment ratio
C) unemployment ratio; participation rate
D) discouraged worker ratio; employment rate
Correct Answer:

Verified
Correct Answer:
Verified
Q45: Suppose the economy's production function is Y
Q46: The _ is the number of unemployed
Q47: Okun's law relates _ to _.<br>A)inflation; unemployment<br>B)inflation;
Q48: Cyclical unemployment is caused by<br>A)people entering the
Q49: State the growth rate form of Okun's
Q51: Suppose the economy's production function is Y
Q52: The fact that the production function relating
Q53: Suppose the natural rate of unemployment is
Q54: Frictional unemployment arises when<br>A)unskilled or low-skilled workers
Q55: Suppose oil prices fall temporarily,as oil becomes