The Employment Rate Equals

question 109

Multiple Choice

The employment rate equals

• A) employed/labor force.
• B) unemployed/employed.
• C) (employed - unemployed)/labor force.
• D) labor force/population.

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Definitions:

M1

Currency, checking deposits, and check-like deposits.

Destroy Money

Refers to actions taken by central banks to reduce the amount of money in circulation, often through selling securities, which can help control inflation.

Create Money

To create money refers to the process by which the central bank or other banking institutions increase the money supply through activities like lending, purchasing securities, or printing currency.

M1

A category of the money supply that includes currency in circulation and checkable deposits in banks.