If you hear that unemployment increased by 2 percentage points to 4 percent in the past year,while the labor force participation rate and the population remained constant,it means:
A) unemployment doubled in the past year.
B) there was a 100 percent increase in unemployment.
C) twice as many people are without work than was the case a year ago.
D) All of these are true.
Correct Answer:
Verified
Q17: Unemployment occurs when someone:
A)wants to work but
Q18: Unemployment occurs:
A)for a variety of reasons.
B)regionally when
Q19: In general,the unemployment rate varies greatly by:
A)educational
Q20: In the United States,the working-age population refers
Q24: In 2011,the labor force participation rate was
Q25: Sonia has a PhD in art history,and
Q26: The Bureau of Labor Statistics counts underemployed
Q27: Jen has a PhD in economics and
Q27: Discouraged workers are people who have:
A)looked for
Q31: During times of recession, the labor force
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