The number of people unemployed equals

A. the number of people employed divided by the labor force.
B. the number of people employed minus the labor force.
C. the labor force minus the number of people employed.
D. the labor force plus the number of people employed.


Answer: C

Economics

You might also like to view...

Which of the following are TRUE regarding the argument that trade barriers protect U.S. workers from cheap foreign labor? I. Low-wage foreigners are just as productive as U.S. workers. II. U.S. workers have a comparative advantage in low-wage jobs

A) I only B) II only C) I and II D) Neither I nor II is correct.

Economics

Explain why some people who are applying for a job at a bank dress up, arrive early, and have their paperwork neatly completed for the job interview

What will be an ideal response?

Economics

A negative cost-benefit ratio means that a program should not be undertaken

a. True b. False

Economics

Which of the following would not lead to a shift of the demand curve for apples?

a. an increase in the price of oranges b. a decrease in incomes for consumers c. a decrease in the supply of apples d. an increased preference for apples e. a decrease in the population

Economics