The Unemployment Rate Is Computed as the Number of Unemployed

question 20

Multiple Choice

The unemployment rate is computed as the number of unemployed

• A)divided by the labor force, all times 100.
• B)divided by the number of employed, all times 100.
• C)divided by the adult population, all times 100.
• D)times the labor-force participation rate, all times 100.

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Definitions:

Solution PivotTable

an advanced data analysis feature or tool, typically in spreadsheet software, that allows for the dynamic organization and summarization of large datasets.

One-Input Data Table

A table in spreadsheet software used to explore the impact of changing one variable on one or more outcomes.

Single Input Value

A term that typically refers to a function or operation in various programming and software contexts, where only one input value is required or processed at a time.

Expense Values

The costs or charges associated with the operation of a business or the execution of a project.