The unemployment rate equals 100 multiplied by the
A) number of people unemployed divided by the number of people employed.
B) number of people unemployed divided by the population.
C) number of people unemployed divided by the labor force.
D) number of people unemployed divided by the working-age population.
E) labor force divided by the number of people unemployed.
C
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Ceteris paribus, as real GDP expected growth ________, investment spending ________
A) increases; decreases B) increases; increases C) decreases; increases D) changes; does not usually change
Unlike the segmented markets theory, the expectations theory attributes the slope of the yield curve to
A) tax considerations. B) the fact that short-term bonds are not perfect substitutes for long-term bonds. C) the market's view of future short-term interest rates. D) the variance in the inflation rates over the business cycle.