Multiple Choice
If the population aged 16 years and older equals 150 million, the labor force equals 110 million, and the total number of persons employed equals 98 million, then the unemployment rate is:
A) 8 percent.
B) 38 percent.
C) 10.9 percent.
D) 28 percent.
E) 12.2 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: Seasonal unemployment is the temporary unemployment that
Q19: Why do higher union wages, the minimum
Q20: Which of the following exclusively measures the
Q22: If the economy is operating at the
Q24: Which of the following is true?<br>A)The CPI
Q25: Cyclical unemployment arises when:<br>A)business activities in an
Q26: Which of the following individuals would be
Q27: People who do not hold a job
Q28: Economic growth is measured by changes in
Q187: The economy reaches full employment when the