How is unemployment defined?
A) The number of persons between the ages of 15 and 65 who worked less than 8 hours in the previous week.
B) The number of persons over the age of 15 who worked less than 8 hours in the previous week.
C) The number of persons over the age of 15 who worked at least 1 hour in the previous week.
D) The number of persons between the age of 15 and 65 who worked more than 1 hour in the previous week.
E) The number of persons 15 years of age and older who are not in gainful employment but who are actively seeking employment.
Correct Answer:
Verified
Q4: According to the official Statistics Canada definition,what
Q5: What has happened to the labour force
Q6: Which of the following is an example
Q7: What is meant by the participation rate?
A)The
Q8: What is the GDP Deflator?
A)A measure of
