Dividing the Number Unemployed by the Number of People in the Labour

question 35

Multiple Choice

Dividing the number unemployed by the number of people in the labour force yields

• A)the rate of unemployment.
• B)the labour force participation rate.
• C)the inflation rate.
• D)the Help Wanted Index.

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Definitions:

Salaries Expense

The total amount paid to employees for their services over a specific period, classified as an operating expense on the income statement.

Company B

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Consultant's Fee

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Computer Equipment

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