The unemployment rate equals
a. (number of people without a job ÷ population)× 100.
b. (number of people unemployed ÷ population) × 100.
c. [(working-age population - number of people employed) ÷ labor force] × 100.
d. (number of people without a job ÷ working-age population) × 100.
e. (number of people unemployed ÷ labor force) × 100.
e
Economics
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Which of the following is included in the category of corporate profits when measuring GDP?
I. Profits paid as dividends. II. Undistributed profits. III. Income received by owners and operators of businesses. A) I only B) I and II C) I and III D) I, II and III
Economics
A fall in the government's budget deficit will lower
A) equilibrium GDP and consumption. B) consumption and saving. C) saving and GDP. D) All of the above are correct.
Economics