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The Unemployment Rate Is Calculated As

Question 5

Multiple Choice

The unemployment rate is calculated as:


A) (number of unemployed) ÷ (number of employed + number of unemployed) .
B) (number of unemployed) ÷ (number of employed) .
C) (number of employed + number of unemployed) ÷ (labor force) .
D) (labor force) ÷ (number of unemployed) .

Correct Answer:

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