Which of the following statements is incorrect?
A) The employment rate is the number of people employed divided by the working- age population, all multiplied by 100.
B) The labour- force participation rate is the labour force divided by the working- age population, all multiplied by 100.
C) The involuntary part- time rate is the number of involuntary part- time workers divided by the number employed, all multiplied by 100.
D) The labour force is equal to the number of people employed plus the number of people unemployed.
E) The unemployment rate is the number of persons who are unemployed divided by the labour force, all multiplied by 100.
Correct Answer:
Verified
Q33: In a recession, typically
A)unemployment decreases.
B)the employment rate
Q34: Since 1960, Canadian labour force participation rate
Q35: R1 is
A)the official unemployment rate.
B)the unemployment rate
Q36: If the people who take early retirement
Q37: In an expansion, typically
A)unemployment increases.
B)the employment rate
Q39: Suppose the working- age population in Tiny
Q40: The working- age population can be divided
Q41: In a country with a working- age
Q42: If the number of discouraged searchers decreases
Q43: Use the table below to answer the
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