• 2022-05-27
    The unemployment rate is calculated as
    A: [(labor force) ÷ (population)] × 100.
    B: [(unemployment) ÷ (population)] × 100.
    C: [(unemployment) ÷ (labor force)] × 100.
    D: [(labor force) ÷ (unemployment)] × 100.
  • C

    内容

    • 0

      Suppose the population is 220 million people, the labor force is 150 million people, the number of people employed is 130 million and the working-age population is 175 million people. What is the labor force participation rate? A: 0.68 percent B: 68 percent C: 85.7 percent D: 86.7 percent

    • 1

      What is the result of a tighter labor market? A: It can produce wage growth. B: It can increase unemployment rate. C: It can produce wage reduction D: It can lower unemployment rate

    • 2

      Suppose there are currently 100 people unemployed, 1500 people employed, and 2000 people in the working age population. The labor force participation rate equals 100 times A: 100/1500. B: 100/1600. C: 1500/2000. D: 1600/2000.

    • 3

      All people in the working-age population can be divided into A: labor force participants. B: employed, unemployed, or not in the labor force. C: either over-employed or under-employed. D: potential employees.

    • 4

      If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the unemployment rate is A: 6.6 percent. B: 10 percent. C: 9.1 percent. D: 7.1 percent.