The unemployment rate is the number of unemployed people
A) divided by the number of people who are working.
B) divided by the total working-age population.
C) divided by the sum of the number of people who are working and the number of people who are looking for work.
D) and the number of people working fewer than their desired number of hours, divided by the number of people who are working or looking for work.
Correct Answer:
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Q2: Economists define the unemployed as individuals who
Q3: Table 6.1
Employment status of the working age
population
Q4: In June 2012, the U.S. labor force
Q5: What is the threshold age for individuals
Q6: If Sam does not have a job
Q7: Recall the Application about declining U.S. labor
Q8: Suppose an economy consists of 500,000 individuals
Q9: Suppose an economy consists of 500,000 individuals
Q10: Table 6.1
Employment status of the working age
population
Q11: Suppose an economy consists of 500,000 individuals
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