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Author Question: If the labor force is 400 and employment is 380, then the unemployment rate is (Read 81 times)

nramada

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Question 1

It has become conventional to classify an economic downturn as a ________ when aggregate ________ declines for two consecutive quarters.


◦ depression; supply
◦ deflation; spending
◦ recession; output
◦ trough; demand

Question 2

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


◦ 90%.
◦ 38%.
◦ 20%.
◦ 5%.


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Marked as best answer by nramada on Apr 19, 2019

Laurenleakan

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nramada

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