The unemployment rate is interpreted as the percentage of the


The unemployment rate is interpreted as the: percentage of the population that are not working full-time percentage of the po
X COB Suppose there are 10 million part-time workers and 90 million full-time workers in an economy. Five million of the part
Question 7 1 pts will Graham is being surveyed about his employment status for the previous week. He says that he worked for

Answer

Solution :- (1)

The Correct answer is (D) that is Percentage of the labor force that are unemployed .

The unemployment rate is interpreted as the percentage of the labor force that are unemployed .

Solution :- (2)

The Correct Answer is (A) that is Bureau of Labor Statistics.

The government agency responsible for collecting and reporting unemployment data is the Bureau of Labor Statistics

Solution :- (3)

The Correct Answer is (A) that is 15 hours

If someone is working for a family business or farm they have to have worked atleast 15 hours per week to be considered employed .

Solution :- (4)

The Correct Answer is (D) that is the official unemployment rate will remain unchanged.

Suppose there are 10 million part-time workers and 90 million full-time workers in an economy. Five million of the part-time workers switch to full-time work. As a result  the official unemployment rate will remain unchanged.

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