The Unemployment Rate Is Calculated as

question 105

Multiple Choice

The unemployment rate is calculated as

• A) [(labor force) ÷ (population)] × 100.
• B) [(unemployment) ÷ (population)] × 100.
• C) [(unemployment) ÷ (labor force)] × 100.
• D) [(labor force) ÷ (unemployment)] × 100.

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Definitions:

Common Stock

Equity owning in a firm that grants shareholders voting rights and a share in the company's profits, typically through dividends.

Database

A structured set of data held in a computer, especially one that is accessible in various ways, used for storing and managing information digitally.

Amortized

The process of gradually paying off a debt over a period of time through regular payments.