The Unemployment Rate Equals

question 421

Multiple Choice

The unemployment rate equals

• A) the rate of change in unemployment figures from one period to another.
• B) the total number of people without jobs in a given period.
• C) the percentage of the labor force currently unemployed.
• D) the percentage of the population not currently employed.

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Definitions:

Trial Balance

A worksheet used in accounting that compiles all ledger balances into matching total amounts in debit and credit columns.

Debit Totals

An aggregate amount of all debits recorded in an accounting period, indicating resources used or expenses.

Credit Totals

The sum of all credit entries made in the accounting ledger, used in balancing the books.

Patents

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