Suppose the official unemployment rate is 10 percent.Which of the following can be concluded without question?

Question

Quizplus · Accepted Answer

The official unemployment rate is typically calculated as the percentage of the labour force that is currently unemployed. Therefore, option B is the only conclusion that can be drawn with certainty from the given statement. Option A assumes that the same group of people is unemployed throughout the year, which may not be the case. Option C assumes that only the people in the labour force are accounted for in the unemployment rate, which is not necessarily true since some individuals may not be seeking work. Option D assumes that every person in the labour force was unemployed for the same amount of time, which is unlikely to be true.

Suppose the Official Unemployment Rate Is 10 Percent