The unemployment rate equals the number of persons:
A. unemployed divided by the number employed.
B. unemployed divided by the number in the labor force.
C. unemployed divided by the population age 16 and over.
D. not working divided by the population age 16 and over.
Answer: B
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The sum of the current yield and the rate of capital gain is called the
A) rate of return. B) discount yield. C) perpetuity yield. D) par value.
If monetary policymakers cannot accurately forecast shifts in money demand, what are they really only left with for a short-term policy instrument and why?
What will be an ideal response?
Foreign direct investment is:
A. investment that occurs when a firm runs its operation domestically, and sells its product abroad. B. when foreign companies buy and operate physical capital within the United States. C. when foreign companies buy physical capital from the United States. D. investment that occurs when a firm runs part of its operation abroad or invests in another company abroad.
Major increases in oil prices in the mid-1970s and in the late 1970s created:
A. beneficial aggregate demand shocks. B. adverse aggregate supply shocks. C. an increase in long-run aggregate supply. D. a reduction in the unemployment rate.