The Official Unemployment Rate Is Calculated As

question 2

Multiple Choice

The official unemployment rate is calculated as:

• A)the number of working-age people 15 years of age or older who are employed, divided by the number of people in the labour force
• B)all people 18 years of age or older who are employed, plus all those unemployed who are actively seeking work
• C)the percentage of the working-age population 15 years or older who are not working but are actively seeking work
• D)the number of people 15 years or older who are not employed and are actively seeking work, divided by the number of people in the labour force

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Definitions:

Trademark

A recognizable sign, design, or expression which identifies products or services of a particular source from those of others.

Fair Value

The cost at which a property is exchanged in a structured deal between parties in the market on the date of evaluation.

Long-Term Liabilities

Debts or obligations that are due after a period of one year or more.

Consolidated Balance Sheet

A financial statement that shows the total assets, liabilities, and shareholders' equity of a parent company and its subsidiaries as if they were a single entity.