Assume That the Total Labor Force Is 100 Individuals with 10

question 135

Multiple Choice

Assume that the total labor force is 100 individuals with 10 unemployed.The unemployment rate is ________.Now assume that 10 people drop out of the labor force and that 10 remain unemployed.The new unemployment rate is ________.

• A) 9 percent; 10 percent
• B) 10 percent; 9 percent
• C) 10 percent; 11 percent
• D) 11 percent; 10 percent

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Definitions:

Laid Off

The termination of employment due to the employer's decision, often because of budget cuts or company downsizing, not because of the employee's personal performance.

Financial Struggle

The challenge of managing one's finances, often due to insufficient income, debt, or unexpected expenses.

Hidden Homelessness

Individuals who lack permanent housing but aren't visible in public spaces, often staying with friends or family temporarily or living in cars.

Single Mother

A woman raising her child(ren) without the involvement of the child's father or another partner in the parenting role.