The Unemployment Rate Is Defined as the Number of

question 108

Multiple Choice

The unemployment rate is defined as the number of

• A)unemployed people divided by the number of employed people.
• B)employed people divided by the number of people in the country.
• C)unemployed people divided by the number of people in the country.
• D)unemployed people divided by the sum of the people employed and the people unemployed.
• E)unemployed people divided by the number of people in the country who are employed.

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Definitions:

Policy Issues

Concerns or problems that are the subject of public debate and governmental action, often requiring policy-making to address.

Council of Economic Advisers

A group of economists who advise the President of the United States on economic policy issues and trends.

Congressional Budget Office

A federal agency within the United States that provides economic data and budget and economic analyses to Congress.

Pie Chart

A circular statistical graphic divided into slices to illustrate numerical proportions. Each slice represents a category's portion of the whole.