Which Statement Is True

question 309

Multiple Choice

Which statement is true?

• A)People collecting unemployment benefits are not counted as unemployed.
• B)The Bureau of Labor Statistics compiles the unemployment rate from the data they collect from the unemployment insurance officers.
• C)The unemployment rate is calculated by dividing the number of unemployed by the number of employed.
• D)None of the statements are true.

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Definitions:

Operating Expenses

Incurred expenses not directly tied to the production of goods or services, such as administrative and sales expenses, that are necessary for running a business.

Depreciation

The method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Net New Borrowing

The difference between the amounts a company has borrowed and repaid during a specific period, indicating how much new debt it has taken on.

Millions

A numeral unit representing one thousand thousand, or 1,000,000, often used to quantify large values such as population, currency, or data.