The Unemployment Rate Equals 100 Times

question 160

Multiple Choice

The unemployment rate equals 100 times

• A) (the number of unemployed workers)/(the civilian population).
• B) (the number of unemployed workers)/(the number of employed + unemployed workers).
• C) (the number of unemployed + employed workers)/(U.S. population older than 16 years of age).
• D) (the number of unemployed workers)/(the U.S. population older than 16 years of age).

---

Definitions:

Ordinary Annuity

Regular equivalent deposits made upon the completion of each period over a specified span.

Compounded Monthly

Interest calculation method where the interest is added back to the principal each month, leading to an increase in the interest earned in subsequent periods.

Monthly Payments

Regular payments made towards a loan or mortgage over a set period, calculated to cover the principal amount and interest.

Loan

A sum of money or item of value given to a party with the expectation of repayment, often with interest, over a defined period.