The Unemployment Rate Equals

question 178

Multiple Choice

The unemployment rate equals

• A) (the number of unemployed workers)/(the number of employed + unemployed workers) × 100.
• B) (the number of unemployed workers)/(the civilian population) × 100.
• C) (the number of unemployed workers)/(the U.S. population older than 16 years of age) × 100.
• D) (the number of unemployed + employed workers)/(U.S. population older than 16 years of age) × 100.

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Definitions:

UPA

Uniform Partnership Act, which is legislation adopted by some states in the USA to govern partnerships.

Limited Liability

A legal status where an individual's financial risk is restricted to a fixed amount, typically the value of their investment in a company, protecting personal assets from business debts.

Corporation

A legal entity recognized by law as separate from its owners, with its own rights, responsibilities, and liabilities.

Unlimited Liability

A legal structure in which business owners are personally responsible for all of the company's debts.