Multiple Choice
How is the unemployment rate calculated?
A) By dividing the number of unemployed people by the number of working individuals, and multiplying by 100.
B) By dividing the number of unemployed people by the sum of the number of working people plus unemployed people, and multiplying by 100.
C) By dividing the number of unemployed people by the number in the working-age population, and multiplying by 100.
D) By dividing the number of unemployed people by the number of people in the labour force, and dividing by 100.
Correct Answer:
Verified
Correct Answer:
Verified
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