The Official Unemployment Rate Is

question 77

Multiple Choice

The official unemployment rate is:

• A)the number of unemployed people divided by the number of employed people.
• B)the number of unemployed people divided by the total size of the population.
• C)the number of unemployed people divided by the size of the non-institutionalized population.
• D)the number of unemployed people divided by the size of the labor force.
• E)the number of unemployed people divided by the size of the non-institutionalized population, age 16 or older.

Comprehend the principles behind target-date retirement funds and their suitability for investors.

Calculate hypothetical constant-benefit payments from annuity contracts.

Identify key components of an Investment Policy Statement (IPS) for individual investors.

Distinguish between passive and active investment strategies.