What Two Numbers Do You Need to Compute the Unemployment

question 47

Multiple Choice

What two numbers do you need to compute the unemployment rate?

• A)The number of unemployed persons and the size of the population
• B)The number of unemployed persons and the number of discouraged workers
• C)The number of employed persons and the number of unemployed persons
• D)The number of persons in the labor force and the size of the population

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Definitions:

Social Clock

The societal norms and expectations for the timing of life events, such as marriage, parenthood, and retirement.

Timing-of-life Events

Refers to the significance of when certain events occur in an individual's life, which can affect outcomes in various domains like health, education, and career.

Normative Time

A societal or culturally established timeframe for when certain life events or developmental milestones are expected to occur.

Five-factor Model

A conceptual model based on the theory that five broad dimensions are sufficient to describe human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.