Which of the Following Decreases the Official U-3 Unemployment Rate

question 153

Multiple Choice

Which of the following decreases the official U-3 unemployment rate?

• A) Workers leave the labor force.
• B) More women enter the labor force and seek jobs.
• C) Young people graduate from college and start to look for their first full-time job.
• D) None of the above because they all increase or do not change the unemployment rate.

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Definitions:

Balance Sheet

A summary report of a company's financial position, including assets, liabilities, and the equity of its shareholders, at a distinct time.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profit or loss.

Year-End Closing Process

The Year-End Closing Process involves finalizing a company's financial activities for the year, updating accounts, and preparing financial statements.

Net Income

The final earnings of a corporation once all costs, taxes, and expenses are subtracted from gross revenue.