The unemployment rate is the number of people unemployed divided by the
A) number of people employed, then multiplied by 100.
B) working-age population, then multiplied by 100.
C) labor force, then multiplied by 100.
D) labor force participation rate, then multiplied by the population.
E) population, then multiplied by 100.
C
Economics
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What is the value of marginal product of labor?
What will be an ideal response?
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If an externality is present in a market, economic efficiency may be enhanced by
a. increased competition. b. weakening property rights. c. better informed market participants. d. government intervention.
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