The unemployment rate measures:

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 13RQ: What happens to the labor force participation rate when employed individuals are reclassified as...
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The unemployment rate measures:
O A. unemployed workers as a percentage of the population age over-sixteen.
O B. the number of people unemployed divided by the number of people employed.
O C. unemployed workers as a percentage of the population.
O D. unemployed workers as a percentage of the labor force.
Transcribed Image Text:The unemployment rate measures: O A. unemployed workers as a percentage of the population age over-sixteen. O B. the number of people unemployed divided by the number of people employed. O C. unemployed workers as a percentage of the population. O D. unemployed workers as a percentage of the labor force.
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