The unemployment rate is calculated as
A) the rate of inflation minus the rate of employment.
B) total productivity divided by frictional unemployment.
C) the percentage of the labor force that is unemployed.
D) structural unemployment divided by GDP.
Correct Answer:
Verified
Q10: During a recession,business profits decline.
Q11: With a recession under way,consumers have less
Q12: The National Bureau of Economic Research decides
Q13: The NAIRU is short for the nonaccelerating
Q14: Recessions are always caused by negative demand
Q16: Frictional unemployment occurs when
A) employees file grievances
Q17: Structural unemployment exists when
A) the construction industry
Q18: The underemployed are those people who are
A)
Q19: The unemployment rate includes
A) people not working
Q20: The natural rate of unemployment is
A) 5%.
B)
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