If a city has 3293 unemployed people and 73,177 in its labor force, then the city's unemployment rate equals
A. 45.0%.
B. 0.45%.
C. 4.5%.
D. 4.3%.
Answer: C
You might also like to view...
In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 138.84 million were employed, 13.69 million were unemployed, and 86.98 million were not in the labor force. The adult population is how many million? Enter a number rounded to two decimal places.
Employee theft is an example of ________
A) adverse selection B) moral hazard C) herd behavior D) internalizing of externalities
For purposes of determining comparative advantage, the cost of producing a good in each of two countries is measured in terms of:
a. metric units only. b. opportunity costs. c. total costs. d. the currency of the importing country. e. the currency of the exporting country.
In recent decades, other countries have caught up to the U.S. and even surpassed it in some important economic arenas
a. True b. False Indicate whether the statement is true or false