-Using the Data in the Above Table,the Unemployment Rate Is

question 236

Multiple Choice

-Using the data in the above table,the unemployment rate is

• A)9.3 percent.
• B)8.6 percent.
• C)8.0 percent.
• D)4.8 percent.
• E)4.6 percent.

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Definitions:

Variable Cost

Costs that change in proportion to the good or service that a business produces.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Market Price

The current price at which a good or service can be bought or sold in a market, determined by the forces of supply and demand.

Sacks

Bags made of various materials, typically used for storing or transporting items.