If the overall unemployment rate is 8 percent, it is likely that:
A)It is greater than 8 percent for teenagers.
B)It is less than 8 percent for college=educated middle-aged men.
C)It is more than 8 percent for those without a high school diploma.
D)All of the above are true.

Question

If the overall unemployment rate is 8 percent, it is likely that:
A)​It is greater than 8 percent for teenagers.
B)​It is less than 8 percent for college=educated middle-aged men.
C)​It is more than 8 percent for those without a high school diploma.
D)​All of the above are true.

Quizplus · Accepted Answer

Based on historical data and trends, it is likely that the unemployment rate varies across different groups and demographics. Teenagers and those without a high school diploma generally have higher unemployment rates, while college-educated middle-aged men have lower unemployment rates. Therefore, all of the above options are likely to be true when the overall unemployment rate is 8 percent.

If the Overall Unemployment Rate Is 8 Percent, It Is