The unemployment rate:
A. is measured by the number of people who are unemployed divided by the labor force.
B. measures what percentage of our labor force is currently looking for a job and can't find one.
C. is never zero.
D. All of these are true.
Answer: D
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Which of the following would lead to a depreciating dollar?
A. A higher federal deficit B. Lower interest rates C. Higher interest rates D. Contractionary monetary policy
Refer to the scenario above. This implies that the country experienced a ________ during that year
A) trade deficit B) budgetary surplus C) budgetary deficit D) trade surplus
If the contribution from capital growth equals 3 percent and the contribution from productivity growth equals 1.6 percent, GDP will grow by ________
A) 1.6 percent B) 4.6 percent C) 4.8 percent D) an unknown value
What makes production planning a daunting task for central planners?
What will be an ideal response?