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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 28
Which of the following is the correct formula for determining the civilian unemployment rate?
A) [(the number of unemployed, working-age civilian seeking work)/(the number of civilian in the labor force)] Ć 100.
B) C + I + G + ( X ? M ).
C) The total number of unemployed, working-age civilians seeking work.
D) (The number of civilians in the labor force) Ć 100.
A) [(the number of unemployed, working-age civilian seeking work)/(the number of civilian in the labor force)] Ć 100.
B) C + I + G + ( X ? M ).
C) The total number of unemployed, working-age civilians seeking work.
D) (The number of civilians in the labor force) Ć 100.
Explanation
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People who are jobless, available and wi...
Economics for Today 9th Edition by Irvin Tucker
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