The unemployment level is determined by the number of unemployed persons divided by the ________.

Question

Quizplus · Accepted Answer

The unemployment level is determined by the number of unemployed persons divided by the aggregate labor force, which consists of employed and unemployed persons who are able and willing to work. Option A is incorrect because the total population includes children and retired individuals who are not part of the labor force. Option B is incorrect because not all of the adult population may be willing or able to work. Option D and E are incorrect because they do not represent the entire labor force, only specific sectors.

The Unemployment Level Is Determined by the Number of Unemployed