The unemployment rate in an economy is 12 percent.The civilian labour force is 50 million.The number of employed workers in the economy is:
A) 38 million.
B) 40 million.
C) 42 million.
D) 44 million.
Correct Answer:
Verified
Q31: Official unemployment statistics:
A) understate unemployment because individuals
Q45: A headline reads: "Steel industry suffers slump
Q47: Waiting for employment and "searching for employment"
Q48: The presence of discouraged workers:
A)increases the size
Q49: Part-time workers are counted as:
A)unemployed and therefore
Q51: The following information is about a hypothetical
Q52: A nation has a population of 260
Q53: Suppose there are 10 million part-time workers
Q54: The total population of an economy is
Q55: The following information is about a hypothetical
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