What Is the Unemployment Rate in a Town in Which

question 138

Multiple Choice

What is the unemployment rate in a town in which 65 400 persons are employed and 11 000 are unemployed?

• A)11 percent
• B)14.4 percent
• C)16.8 percent
• D)20.2 percent

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Definitions:

Interest

The cost of borrowing money or the return on investment, calculated as a percentage of the principal amount.

Annual Growth Rate

The annual growth rate measures the percentage increase in the value of a particular variable (such as revenue, profit, or investment) over a one-year period, indicating the pace of growth.

Eating Establishments

Refers to businesses that serve food and beverages for consumption by customers on-premises or through take-away and delivery services.

Population

The total number of individuals or entities within a specified area or group.