If the labor force is 90 million and the number of people who are looking for jobs but cannot find them is 9 million, the unemployment rate is:
A) 9 percent.
B) 10 percent.
C) 81 percent.
D) 91 percent.
Correct Answer:
Verified
Q94: Frictional unemployment:
A)refers to unemployment caused by friction
Q95: Classical economists contend that official measures of
Q96: Keynesians are most likely to:
A)include discouraged workers
Q97: What is one reason the government collects
Q98: The total labor force is 100,000 out
Q100: Workers at a car-manufacturing plant are replaced
Q101: Macroeconomists have defined three categories (types)of unemployment:
Q102: Distinguish between Keynesian and Classical economists.
Q103: One of the prominent features of a
Q104: How does structural stagnation challenge the standard
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents