In the United States in 1996, the population was 265.5 million and the working age population was 200.6 million. There were 133.9 million people in the labor force and 126.7 of them were employed. The unemployment rate equaled ________

A) 7.2 percent
B) 5.4 percent
C) 3.6 percent
D) 33 percent

B

Economics

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As the price of a product falls, the demand for the product increases, ceteris paribus

Indicate whether the statement is true or false

Economics

One reason a country might choose a fixed exchange rate is

A) to reduce inflation and promote a stable economic environment. B) to reduce the impact of economic shocks. C) to rid themselves of the pressure of monetary management. D) that it is easier for all citizens to understand.

Economics