Unemployment Is Defined as

question 102

Multiple Choice

Unemployment is defined as

• A)The active search and inability of labor force participants to find jobs.
• B)The active search and inability of citizens to find jobs that utilize their capabilities.
• C)The proportion of the total population that is unemployed.
• D)A decrease in the labor force.

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Definitions:

Outputs

The products, services, or results generated from an organization's processes, systems, or activities.

Corporations

Legal entities that are separate from their owners, with rights and liabilities distinct from those of its shareholders, and can enter contracts, own assets, and pay taxes.

Proprietorships

A sole proprietorship is a type of business entity that is owned and operated by one individual, with no legal distinction between the owner and the business.

Services

Economic activities offered by one party to another, often involving the provision of expertise or labor.