The unemployment rate equals the number of people:
A. unemployed.
B. unemployed divided by the labor force.
C. unemployed divided by the number employed.
D. unemployed plus discouraged workers divided by the labor force.
Answer: B
You might also like to view...
If foreigners held U.S. assets worth $200 billion during a certain year and the value of the current account for that year was -$189 billion, the total volume of foreign assets held domestically was worth ________
A) $101 billion B) $389 billion C) $421 billion D) $211 billion
When real GDP is less than potential GDP, there is ________ which leads the unemployment rate to ________
A) a recessionary gap; rise B) a recessionary gap; decline C) an inflationary gap; rise D) an inflationary gap; remain at the natural level E) a recessionary gap; remain at the natural level
Refer to the above figure. The figure represents the consumption function for a consumer. Point D represents
A) autonomous consumption. B) saving. C) dissaving. D) zero saving.
One of President Obama's first fiscal policy initiatives was a. ARRA. b. TARP
c. QE1. d. QE2.