The unemployment rate:

A. is measured by the number of people who are unemployed divided by the labor force.
B. is never zero.
C. measures what percentage of our labor force is currently looking for a job and can't find one.
D. All of these are true.

D. All of these are true.

Economics

You might also like to view...

Discuss the components of GDP using the expenditure approach

View
Economics

If the economy is experiencing an inflationary gap, classical economists argue that the Federal Reserve should lower interest rates

a. True b. False Indicate whether the statement is true or false

View
Economics