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To Calculate the Unemployment Rate, Which of the Following Are

question 22

Multiple Choice

To calculate the unemployment rate, which of the following are necessary pieces of information?
I. The number of unemployed persons
II. The population
III. The number of people in the labour force
IV. The working- age population


Definitions:

Small Business Management

The ongoing process of owning and operating an established business.

Triggering Event

A specific occurrence that causes a process to start, or significantly impacts the course of an ongoing situation.

Product Opportunities

Potential areas or ideas within a market where a new product could be developed to meet a consumer need or demand.

Entrepreneur

An individual who initiates, organizes, and operates a business venture, assuming most of the risks and enjoying most of the rewards.

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