If N is the working-age population,Q is the labor force,and U is the number of unemployed,then the unemployment rate is measured as
A) U/N
B) U/Q
C) U/(N-Q)
D) Q/N
Correct Answer:
Verified
Q1: The unemployment rate is
A) countercyclical
B) procyclical
C) a
Q2: In the DMP model,
A) Each consumer decides
Q4: The participation rate was higher in 2012
Q6: If N is the working-age population,Q is
Q7: The employment/population ratio is
A) more volatile than
Q8: In the DMP model,
A) Firms maximize profits.
B)
Q9: An important feature of the DMP model
Q10: If N is the working-age population,Q is
Q10: If N is the working-age population,Q is
Q11: In the DMP model
A) the market wage
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