Which of the Following Statements Is Most Accurate Regarding Unemployment

question 86

Multiple Choice

Which of the following statements is most accurate regarding unemployment?

• A) When there is a large number of workers available in the labor force then the unemployment rate in that job market is high.
• B) When there is a small number of workers available in the labor force then the unemployment rate in that job market is high.
• C) When there is a large number of workers available in the labor force then the unemployment rate in that job market is low.
• D) When the unemployment rate is high it is more difficult to find suitable job candidates.
• E) When the unemployment rate is low it is easier to find suitable job candidates.

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Definitions:

Banks

Financial institutions that accept deposits from the public, lend money, and offer various other financial services.

National Railroad Network

A comprehensive system of railway lines and routes covering a national territory, facilitating passenger and freight transport.

Civil War

An internal conflict between factions or regions within the same country, where the factions fight for political control, ethnic or religious reasons, or territorial independence.

Protective Tariffs

Taxes imposed on imported goods to protect domestic industries from foreign competition by making imported goods more expensive.