Suppose There Are 100 Million in the Labor Force, and 6

question 219

Multiple Choice

Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose their jobs and 300,000 find jobs. The new total of employed persons is
And the new unemployment rate is .

• A) 94.1 million; 5.9 percent
• B) 93.9 million; 6.1 percent
• C) 100 million; 6.1 percent
• D) 100.1 million; 5.8 percent

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Definitions:

Democratic

Relating to the political ideology that emphasizes equality, social justice, and the participation of citizens in political decisions, or associated with the Democratic Party in the United States.

Male Suffrage

The right of men to vote in elections, historically a contentious issue as it expanded over time to include men of different social classes and races.

War Of 1812

A military conflict fought between the United States and the United Kingdom from 1812 to 1815, largely over trade restrictions and maritime rights.

Capitalistic Economy

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.