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If the labor force is 400 and employment is 380, then the unemployment rate is

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If the labor force is 400 and employment is 380, then the unemployment rate is

Question 1.

Slump, downturn and contraction are all words for a(n)

▸ hyperinflation.

▸ stagflation.

▸ expansion.

▸ recession.

Question 2.

If the labor force is 400 and employment is 380, then the unemployment rate is

▸ 90%.

▸ 38%.

▸ 20%.

▸ 5%.

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 40 times

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gdchavis1

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More solutions for this book are available here

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