Multiple Choice
The unemployment rate is equal to
A) (labor force ÷ population) × 100.
B) (number of employed people ÷ labor force) × 100.
C) (number of unemployed people ÷ labor force) × 100.
D) (number of unemployed people ÷ number of employed) × 100.
E) (number of unemployed people ÷ working-age population) × 100.
Correct Answer:
Verified
Correct Answer:
Verified
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