The Unemployment Rate Is Defined as the

question 33

Multiple Choice

The unemployment rate is defined as the

• A) percentage of the working-age population not working.
• B) percentage of the population not working.
• C) percentage of the labor force not working.
• D) number of people not working.

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Definitions:

Lbs.

Abbreviation for pounds, a unit of weight measurement.

Orange Juice

A beverage made from the extraction or pressing of the natural liquid contained in orange fruits.

Troy Ounce

A unit of measure for precious metals that is approximately 31.1 grams, differing from the standard ounce which is 28.35 grams.

Silver Futures

Contracts for the future delivery of silver at a price agreed upon today, used for hedging and speculative trading.