If the unemployment rate is 8 percent, this means: a. 8 percent ...

[Bob-Dole]

If the unemployment rate is 8 percent, this means:
 a. 8 percent of the population is unemployed.
 b. 8 percent of the population over age 16 is unemployed.
 c. 8 percent of the labor force is unemployed.
 d. the number of unemployed persons equals 8 percent of the employed persons.

Question 2

If the rate of inflation overseas rises relative to the rate of inflation in the United States, U.S. net exports will tend to ____, causing the exchange value of the U.S. dollar to ____.
 a. rise; rise
  b. rise; fall
  c. fall; rise
  d. fall; fall

[pratush dev]

Answer to Question 1

c

Answer to Question 2

a

[Bob-Dole]

YES! Correct, THANKS for helping me on my review

[sultana.d]

Thanks for the timely response, appreciate it