The Table Below Shows Data Regarding Germany's Labor Market The Data Show That Germany's Unemployment Rate in 2007 Was

question 212

Multiple Choice

The table below shows data regarding Germany's labor market. $$\begin{array} { | c | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Labor Force } \\\text { (millions) }\end{array} & \begin{array} { c } \text { Number of } \\\text { Employed } \\\text { (millions) }\end{array} & \begin{array} { c } \text { Population } \\\text { (millions) }\end{array} \\\hline 2006 & 43.7 & 39.01 & 82.3 \\\hline 2007 & 43.7 & 39.06 & 82.2 \\\hline 2008 & 43.6 & 39.8 & 82.1 \\\hline\end{array}$$
The data show that Germany's unemployment rate in 2007 was

• A) 9.8 percent.
• B) 8.4 percent
• C) 5.6 percent
• D) More information is needed to answer this question.

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Definitions:

Initial Margin

The minimum amount of funds required to open a new position in a securities or futures contract, intended to cover some of the credit risk of market participants.

Primary Market

The financial market for new securities issues, where companies sell new stocks and bonds directly to investors.

Investment Bankers

Firms specializing in the sale of new securities to the public, typically by underwriting the issue.

Initial Margin

The initial deposit required when trading securities or derivatives, serving as a guarantee against potential losses.