-Using the Data in the Above Table, the Unemployment Rate

question 29

Multiple Choice

-Using the data in the above table, the unemployment rate is

• A) 4.0 percent.
• B) 4.16 percent.
• C) 5.55 percent.
• D) 28.0 percent.

---

Definitions:

Forward Rate

The interest rate agreed upon today for a loan that will occur at a future date, used in the calculation of the yield curve and in the pricing of forward contracts.

Canadian Security

A financial instrument issued in Canada, such as stocks, bonds, or investment funds.

Exchange Rate

The worth of a currency when exchanged for a different one.

Risk-Free Rate

The theoretical rate of return on an investment with no risk of financial loss, often represented by the yield on government securities.