The level of unemployment in an economy is measured as:
A) the total number of individuals in the economy who are not working.
B) the number of individuals seeking work that do not currently have a job.
C) the number of individuals in the economy who are not eligible to work.
D) Unemployment is the total number of individuals who are gainfully employed but are

Question

Quizplus · Accepted Answer

The level of unemployment in an economy is measured by the number of individuals who are actively seeking work but do not currently have a job. This definition excludes those who are not working but also not looking for work, such as retirees or those not eligible to work.

The Level of Unemployment in an Economy Is Measured As