The unemployment rate is calculated as:
A) the number of officially unemployed persons divided by the number of officially employed persons.
B) the number of officially employed persons divided by the number of officially unemployed persons.
C) the number of officially unemployed persons divided by the number of officially employed plus unemployed persons.
D) the number of officially unemployed persons divided by the population.
Correct Answer:
Verified
Q53: Exhibit 10-1 Q54: The official unemployment rate may not reflect Q55: The unemployment rate may underestimate the true Q56: The official unemployment rate may not reflect Q57: The total labor force consists of: Q59: If the numbers of employed and unemployed Q60: The total labor force equals: Q61: Persons who do not hold a job, Q62: Which of the following individuals are considered Q63: A person who works part-time is considered
A)the entire
A)the number of
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