Multiple Choice
An unemployment rate of 8 percent implies that:
A) 8 percent of the total population is unemployed.
B) 8 percent of the population over the age of 16 is unemployed.
C) 8 percent of the civilian labor force is unemployed.
D) the number of unemployed people equals 8 percent of the employed people.
E) the number of unemployed people is 8 percent of the population aged thirty and above.
Correct Answer:

Verified
Correct Answer:
Verified
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