Find the BLS's Rate of Unemployment from the Following Data

question 79

Multiple Choice

Find the BLS's rate of unemployment from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000.

• A) 17.5 percent
• B) 23.3 percent
• C) 24.6 percent
• D) 28.8 percent
• E) 38.3 percent

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Definitions:

Marriage Happiness

The state of being content and satisfied within a marital relationship.

Adult Personality

The pattern of thoughts, feelings, social adjustments, and behaviors consistently exhibited over time that strongly influences one's expectations, self-perceptions, values, and attitudes.

Context

The circumstances or setting surrounding an event, statement, or idea, which can significantly affect its interpretation or meaning.

National Norms

Standard or average metrics established based on the behaviors, achievements, or characteristics of a national population.