When Calculating the Unemployment Rate,what Is the Number of Unemployed

question 32

Multiple Choice

When calculating the unemployment rate,what is the number of unemployed divided by?

• A)the population aged 15 and over
• B)the entire population
• C)the labour force
• D)the number of people aged 15 and over who are employed

---

Definitions:

Statistical Consultant

A professional who provides advice on the use of statistical methods, data analysis, and interpretation of statistical results.

Production Function

A mathematical representation that illustrates the link between inputs in production and the outcome produced.

Tuna Casseroles

A baked dish that typically includes tuna, pasta or rice, and a creamy sauce, among other ingredients.

Cost Function

A mathematical relationship displaying the cost of production as a function of the quantity of output produced.