The unemployment rate measures:
a. unemployed workers as a percentage of the population
b. unemployed workers as a percentage of the population over the age of sixteen.
c. unemployed workers as a percentage of the labor force.
d. the number of people unemployed divided by the number of people employed.
c
You might also like to view...
The symmetry-integration diagram shows a set of situations under which a nation should fix or float. There is a set of combinations of integration and symmetry beyond which the benefits of fixing outweigh the costs. This is shown as:
A) a positively sloped line from the origin, equidistant from both axes. B) a negatively sloped line, above which a nation should fix and below which a nation should float. C) a curved line that follows a random path through the space, coming close but never touching either axis. D) a curved line, the slope of which is at first negative, then increases at an increasing rate as the benefits of fixing increase exponentially
When a firm operates with excess capacity, it must be in a monopolistically competitive market
a. True b. False Indicate whether the statement is true or false