-In the table above, the official U-3 unemployment rate is
A) 50 percent.
B) 15 percent.
C) 10 percent.
D) 5 percent.

Question

-In the table above, the official U-3 unemployment rate is
A) 50 percent. 
B) 15 percent. 
C) 10 percent. 
D) 5 percent.

Quizplus · Accepted Answer

The U-3 unemployment rate is the official unemployment rate and is calculated by dividing the number of unemployed individuals by the labor force. In the absence of specific numbers from a table, the correct answer cannot be determined from the provided choices without additional context. However, among the options given, 5 percent is a typical example of an official unemployment rate in many economic contexts, hence chosen as the correct answer by default.

-In the Table Above, the Official U-3 Unemployment Rate Is