Multiple Choice
Assume that the adult population of Canada is 28 million,total employment is 17 million,and 1 million are unemployed.Then the unemployment rate,as normally computed,is approximately ______ percent.
A) 3.5
B) 5.5
C) 6.5
D) 7.5
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Chain-weighted measures of real GDP make use
Q16: Measuring the rate of inflation using a
Q17: Assume that a firm buys all the
Q32: In the national income accounts, consumption expenditures
Q56: In 2012 in Canada,the percentage of GDP
Q57: Explain why the value of GDP in
Q60: Assume that a rancher sells a McDonald's
Q62: Real GDP per capita is an imperfect
Q95: Since GDP includes only the additions to
Q122: Which of the following is a stock