The Unemployment Rate Is Calculated as

question 328

Multiple Choice

The unemployment rate is calculated as

• A) [labor force) ÷ population)] × 100.
• B) [labor force) ÷ unemployment)] × 100.
• C) [unemployment) ÷ labor force)] × 100.
• D) [unemployment) ÷ population)] × 100.

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Definitions:

Fair Credit Reporting Act

A U.S. federal law designed to regulate the collection, dissemination, and use of consumer information, including consumer credit information.

Disclosure Duties

Legal obligations to reveal pertinent information during transactions or legal proceedings.

Users Of Credit Reports

Individuals or entities that access and use credit reports for decision-making purposes, such as lenders or employers.

Truth In Lending Act

A U.S. federal law designed to promote informed use of consumer credit by requiring clear disclosure of terms and conditions of lending agreements.