The Unemployment Rate Is Found by Dividing the Number of Unemployed

question 138

Multiple Choice

The unemployment rate is found by dividing the number of unemployed people by the

• A) sum of working individuals plus unemployed workers, and multiplying by 100.
• B) number of working individuals, and multiplying by 100.
• C) number of the working- age population, and multiplying by 100.
• D) number in the labor force, and dividing by 100.

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Definitions:

Voting Period

The designated timeframe during which eligible individuals can cast their votes in an election or on a specific issue.

Public Good

A provision of goods or services to everyone in a society, not aiming for profit, and supplied by the government, private individuals, or organizations.

Marginal Cost

The price of creating an additional unit of a good or service.

Mohair Loan Subsidies

Financial support programs specifically targeting the mohair industry, often to assist farmers or producers with loans at favorable rates.