Multiple Choice
Suppose the population 16 of years of age or older is 3,000,000, the number of people in the civilian labor force is 2,225,000, and the number of unemployed is 117,925. The unemployment rate is:
A) 7.4 percent.
B) 5.3 percent.
C) 3.9 percent.
D) 3 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q91: Active macroeconomic (stabilization) policies are government policies
Q92: Most economists think that expansionary fiscal and
Q93: Monetary policy is conducted by:<br>A) the Federal
Q94: An increase in the minimum wage is
Q95: Use the following information to answer
Q96: Full employment occurs when:<br>A) all the labor
Q97: Which of the following best describes structural
Q98: For the individual, the most obvious cost
Q99: Use the following information to answer the
Q101: Use the following diagram to answer the