Which of the following correctly describes the calculation of the unemployment rate?
A. Unemployment rate = employed ÷ unemployed × 100
B. Unemployment rate = unemployed ÷ civilian labor force × 100
C. Unemployment rate = unemployed ÷ employed × 100
D. Unemployment rate = unemployed ÷ adult population × 100
Ans: B. Unemployment rate = unemployed ÷ civilian labor force × 100
Economics
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The Fed's communication:
A. is irrelevant, all that matters is the actions that it takes. B. is often used as a distraction to hide its true agenda. C. is itself an important tool of monetary policy. D. is the single most important tool of fiscal policy.
Economics
The types and quantities of public goods produced are determined through the political process.
Answer the following statement true (T) or false (F)
Economics