If the unemployment rate is 6 percent, that means that 6 percent of
a. the population is not working
b. potential workers do not have jobs
c. the workforce is searching for work but has not found a job at that time
d. the individuals who are looking for work cannot find jobs
e. the population is not looking for a job
C
You might also like to view...
The current exchange rate system in the United States is best described as a
A) silver standard. B) fixed exchange rate system. C) managed float exchange rate system. D) gold standard.
Assume that after the fifth worker, each additional worker a firm hires is less productive than the previous worker. Based on this information, we can conclude that beyond the fifth worker, the average product of labor will:
A) increase. B) stay the same. C) decrease. D) cannot be determined without additional information.
In the late 19th century, increases in productivity in the _________ industry were driven mostly by innovation, while increases in productivity in the ________ industry were driven by both invention and innovation
a. men's clothing; grain milling b. boot and shoe; cotton textile c. cotton textile; boot and shoe d. boot and shoe; men's clothing
Leverage refers to:
a. an IPO b. Secondary offering c. the ratio of debt to equity d. The derivatives market e. All of the above