Is It Possible for the Unemployment Rate to Rise at the Same

question 120

Multiple Choice

Is it possible for the unemployment rate to rise at the same time that the number of people working increases?

• A) no
• B) yes, if the new workers are employed less than full time
• C) yes, if labor force growth outpaces growth in the number of people working
• D) yes, if established workers keep their jobs but no longer have the option of working overtime

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Definitions:

Adjusted Trial Balance

A listing of all company balances after adjustments have been made for accruals, deferrals, and other adjustments during the accounting period.

Statement Of Owner's Equity

A financial document detailing changes in the equity of a company due to earnings, withdrawals, and other factors over a period.

Balance Sheet

A report detailing a corporation's assets, liabilities, and equity of shareholders at a certain moment.

Statement Of Owner's Equity

A financial statement that shows the changes in the equity of a company over a specific period, including contributions, withdrawals, and the company’s net income or loss.