If the Number of Unemployed Workers Is 200 Million,and the Number

question 61

Multiple Choice

If the number of unemployed workers is 200 million,and the number in the labor force is 500 million,what is the unemployment rate?

• A)0.4%
• B)4%
• C)14%
• D)40%

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Definitions:

Marginal Tax Rate

Marginal Tax Rate is the percentage of tax applied to your income for each tax bracket in which you qualify.

Federal Government Expenditures

Federal Government Expenditures refer to the total amount of money spent by the national government, including spending on defense, education, public safety, and social programs.

National Debt

The overall quantity of money that a country's ruling body has procured as loans from diverse origins.

Federal Revenue

The total income received by the government from taxes and other sources.