Multiple Choice
Suppose a country has an unemployment rate of 20%.If we know that the population is 38 million and the labour force is 25 million,then the number of people unemployed is
A) 5 million.
B) 13 million.
C) 20 million.
D) 7.6 million.
E) 2.6 million.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: The real interest rate must be<br>A)high if
Q17: Changes in productivity can be analyzed by
Q19: Short-run fluctuations in real GDP around its
Q24: During the 1970s,Canada experienced an unusual pattern
Q36: If the price index is P<sub>1</sub> in
Q44: Which of the following is an equivalent
Q46: Suppose Canada's exchange rate with the euro
Q88: An equivalent term for "real national income"
Q95: Economic theory argues that there will be
Q108: How is Canada's unemployment rate determined?<br>A)The rate