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Glassing Clinic uses client-visits as its measure of activity.During September, the clinic budgeted for 3, 700 client-visits, but its actual level of activity was 3, 660 client-visits.The clinic has provided the following data concerning the formulas to be used in its budgeting: The activity variance for administrative expenses in September would be closest to:
Unemployment Rate
The slice of the labor pool that is not working but is seeking employment actively.
Discouraged Workers
Individuals not actively seeking employment due to believing no jobs are available for them or there are none for which they would qualify.
Discouraged Workers
People who have stopped looking for employment due to a belief that their job search efforts will not yield success.
Cyclically Unemployed
Individuals who have lost their jobs due to downturns in the business cycle or economic recessions, as opposed to structural factors.
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