The most widely used measure of the unemployment rate is found by the

A. U.S. Census Bureau in monthly surveys that examine whether people are working or are willing to work.
B. U.S. Department of Labor in surveys of businesses to determine the number of employees as a percentage of the total labor force.
C. U.S. Census Bureau in its census of the population every 10 years.
D. Council of Economic Advisers, which summarizes its nationwide surveys in its yearly report to the president.


Answer: A

Economics

You might also like to view...

Country X and Country Y produce scud missiles and wheat. Country X has a comparative advantage in the production of scud missiles while Country Y has a comparative advantage in wheat. Present an argument f or and against free trade between these two countries

Economics

The difference between the average variable cost and the average fixed cost is the average total cost

Indicate whether the statement is true or false

Economics

The prisoners' dilemma is used to illustrate the basic idea that

a. oligopolistic firms would be better off if they collude, but each has an incentive to cheat on the collusive agreement. b. oligopolistic firms are always worse off when they collude. c. oligopolistic firms never have an incentive to cheat on collusive agreements, unlike prisoners. d. students who cheat on economics exams end up in jail.

Economics

Although lawmakers legislated a fifty-fifty division of the payment of the FICA tax,

a. the actual tax incidence is unaffected by the legislated tax incidence. b. the employer now is required by law to pay more than 50 percent of the tax. c. the employee now is required by law to pay more than 50 percent of the tax. d. employers are no longer required by law to pay any portion of the tax.

Economics