Suppose that top government officials claim that "more people are working now than ever before." What does this mean?
A) The unemployment rate is lower now than ever before.
B) The number of unemployed people is lower now than ever before.
C) The number of people in the labour force is higher now than ever before.
D) The number of employed people is higher now than ever before.
Correct Answer:
Verified
Q11: Which of the following is a criterion
Q12: Which of the following people would be
Q13: Suppose U = the number of adults
Q14: Which of the following is NOT a
Q15: When does the unemployment rate increase?
A) It
Q17: Which of the following is NOT a
Q18: Consider an economy with an adult population
Q19: Suppose U = the number of adults
Q20: Suppose the official unemployment rate is 10
Q21: What does an unemployment rate decrease mean?
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