If 20 million workers are unemployed and 180 million workers are employed, then the unemployment rate is
A) 10%.
B) 11.1%.
C) 18%.
D) 80%.
Correct Answer:
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Q21: In the United States between 1933 and
Q22: Between a trough and a peak, the
Q23: Unemployment means that
A) at the going wage
Q24: If output is rising and unemployment is
Q25: Unemployment generally _ during recessions and _
Q27: Between a peak and a trough, the
Q28: The unemployment rate equals
A) labor force/population.
B) unemployed/employed.
C)
Q29: The demand for steel has decreased in
Q30: If the labor force is 50 million
Q31: We can use macroeconomic analysis to
A) study
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