The Unemployment Rate Equals the Number of Unemployed Divided by the ________,All

question 37

Multiple Choice

The unemployment rate equals the number of unemployed divided by the ________,all times 100.

• A)number of employed
• B)labor force
• C)working-age population
• D)total population

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Definitions:

Aggregate Outputs

The total amount of goods and services produced in an economy over a specific time period.

Agricultural Subsidies

Financial assistance from government to farmers to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities.

Export Income

Revenue generated by a country or company from selling goods and services to other countries.

Debt Forgiveness

The cancellation or reduction of the principal amount owed on debt by a creditor, reducing the financial burden on the debtor.