If the Unemployment Rate Is 6 Percent and the Number

question 38

Multiple Choice

If the unemployment rate is 6 percent and the number of employed is 24 million,then the labour force equals ______ million.

• A) 22.6
• B) 24.0
• C) 25.5
• D) The answer cannot be determined with the information given.

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Definitions:

Word Of Mouth

The process of consumers sharing information and opinions about products and services with others in their social networks, which significantly influences purchasing decisions.

Local Banker

A banker who operates within a specific regional area, often familiar with the local market and community-based financing needs.

Local College

A post-secondary institution usually offering a range of degrees and certificates primarily serving students in its surrounding geographical area.

Established Customer Base

A group of loyal customers a business has successfully developed over time, which forms the core of its regular buyers or clients.