The unemployment rate is the ratio of the number of people
A) unemployed to the number of people employed.
B) unemployed to the number of people in the labor force.
C) in the labor force to the number of people employed.
D) employed to the number of people in the labor force.
Correct Answer:
Verified
Q302: Okun's Law states that the _ decreases
Q303: As the economy _, the labor force
Q304: When an economy expands, the unemployment rate
Q305: The employment rate is
A) the difference between
Q306: The relationship between output growth and unemployment
Q308: The discouraged worker effect reflects
A) a decline
Q309: If Sammy does not have a full-time
Q310: The slippage between _ occurs because the
Q311: According to Okun's Law, if GDP increased
Q312: The measured unemployment rate does not rise
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