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:

Tax Revenue

The revenue collected by governments from taxes, which finances public services and government commitments.

Treasury Bonds

Treasury bonds are long-term government debt securities issued by the Department of the Treasury with a maturity of more than ten years.

Federal Budget

The government's estimate of revenue and expenditure for a forthcoming fiscal year.

GDP Gap

The amount of production by which potential GDP exceeds actual GDP.