If the Number of People Unemployed Is 100, the Number

question 401

Multiple Choice

If the number of people unemployed is 100, the number of people employed is 1,000, and the working-age population is 1,400, then the unemployment rate is

• A) 6.6 percent.
• B) 10 percent.
• C) 9.1 percent.
• D) 7.1 percent.

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Definitions:

Money

A medium of exchange for goods and services, typically in the form of coins and banknotes; a unit of account and store of value.

Self-discrepancy

A theory suggesting individuals experience discomfort (e.g., sadness, feeling threatened) from any discrepancy between their actual self and ideal or ought selves.

Emotional Reaction

The psychological and physical response to an event or stimulus that can range from happiness and joy to sadness, anger, or fear.

Lean

Characterized by a high ratio of muscle to body fat, or in business, operating with efficiency and minimal waste.