An unemployment rate of 8 percent implies that:
A) 8 percent of the total population is unemployed.
B) 8 percent of the population over the age of 16 is unemployed.
C) 8 percent of the civilian labor force is unemployed.
D) the number of unemployed people equals 8 percent of the employed people.
E) the number of unemployed people is 8 percent of the population aged thirty and above.
Correct Answer:
Verified
Q29: The figure below shows the total adult
Q30: In November 1995, the labor force in
Q31: If the number of employed persons in
Q32: A major macroeconomic goal of nearly every
Q33: A discouraged worker is:
A)one who opts to
Q35: The unemployment rate may underestimate the true
Q36: The unemployment rate is calculated as the
Q37: The figure below shows the total adult
Q38: Economic growth is measured by changes in
Q39: Which of the following individuals are considered
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents