The U.S. unemployment rate _______. A. shows a downward trend B. increases in recessions C. is calculated as the percentage of the labor force who are unemployed or discouraged D. is calculated as the percentage of the labor force who are unemployed or who are working part time and would like full-time work
The U.S. unemployment rate _______. A. shows a downward trend B. increases in recessions C. is calculated as the percentage of the labor force who are unemployed or discouraged D. is calculated as the percentage of the labor force who are unemployed or who are working part time and would like full-time work
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 45P: A country with a population of eight million adults has five million employed, 500,000 unemployed,...
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Which statement correct describes the U.S. unemployment rate?
The U.S. unemployment rate _______.
shows a downward trend
increases in recessions
is calculated as the percentage of the
labor force who
are
unemployed or discouraged
is calculated as the percentage of the
labor force
who are unemployed or who are working part time
and would like full-time work
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