68. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total employed to the population. b. a ratio of unemployed to the total employed. C. a percentage of the labor force. d. a percentage of the population.

68. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total employed to the population. b. a ratio of unemployed to the total employed. C. a percentage of the labor force. d. a percentage of the population.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 30CTQ: Using the definition of the unemployment rate, is an increase in the unemployment rate necessarily a...

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Question

68. The unemployment rate is the number of unemployed people, expressed as
a.
a ratio of total employed to the population.
b.
a ratio of unemployed to the total employed.
C.
a percentage of the labor force.
d.
a percentage of the population.

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