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If a country has a working-age population of 200 million, 135 million people with jobs, and 15 million people unemployed and seeking employment, then its unemployment rate is

10%

If the rate of unemployment is 10% and the labor force is 130 million, the number of unemployed workers is:

13 million

Use Table 12-3 what is the unemployment rate in Madtucky?

17%

A survey reveals that on a small island 40 adults have jobs, 10 other adults are looking for jobs, and 30 are neither working nor looking for work. The unemployment rate on the island is:

20%

Use table 12-4. Total population will be:

486 million

If the labor force is 100 million persons and 5 million are unemployed but actively seeking work, then the unemployment rate is

5%

In calculating the unemployment rate, discouraged workers are:

Not included in the labor force

Sally works twenty hours a week for an accounting firm. She would like to work 40 hours a week and expects that she will in the future. Sally is a(n):

Underemployed worker

According to the government, a person who is not working and is not looking for work is

Unemployed

To be classified as unemployed, a person must be:

not working and actively looking for a job in the last four weeks.


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