Exhibit 12-3 Unemployment Categories

question 101

Multiple Choice

Exhibit 12-3 Unemployment categories

-According to data in Exhibit 12-3 and assuming the total number of workers is 8,400,the unemployment rate is:

• A) 14 percent.
• B) 15 percent.
• C) 16 percent.
• D) 19 percent.
• E) 24 percent.

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Definitions:

Social Media

Online platforms that enable users to create and share content or participate in social networking.

Business Opportunities

Circumstances or situations that present potential for new business growth, expansion, or profitability.

Successful Entrepreneurs

Individuals who achieve their goals through innovation, risk-taking, and effectively managing their businesses, often resulting in profitable and sustainable ventures.

Competitors

Other businesses or entities that offer similar products or services, competing for the same target market or customer base.