The Next Question(s) Refer to the Following Data

question 44

Multiple Choice

The next question(s) refer to the following data:
Suppose a country using the Australian system of unemployment statistics has 300 million people, of whom 200 million are working age. Of these 200 million, 80 million have jobs. Of the remainder: 40 million are actively searching for jobs; 40 million would like jobs but are not searching; and 40 million do not want jobs at all.
-Refer to the information above. The official unemployment rate is:

• A) 0.43.
• B) 0.13.
• C) 0.33.
• D) 0.53.
• E) 0.23.

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Definitions:

Investigate

The process of carrying out research or inquiry to gather facts and information.

Median Age

A demographic term referring to the age that divides a population into two numerically equal groups; that is, half the people are younger than this age and half are older.

Anxiety Disorders

Mental health conditions characterized by excessive fear, anxiety, and related behavioral disturbances.