quiz 6.4.1 - unemployment, economic indicators, inflation, and deflation\nvalue: 3\nhow is the unemployment…

quiz 6.4.1 - unemployment, economic indicators, inflation, and deflation\nvalue: 3\nhow is the unemployment rate calculated?\n a. labor force/number of unemployed x 100\n b. number of unemployed/labor force x 100\n c. employed + unemployed\n d. unemployed x employed x 100

quiz 6.4.1 - unemployment, economic indicators, inflation, and deflation\nvalue: 3\nhow is the unemployment rate calculated?\n a. labor force/number of unemployed x 100\n b. number of unemployed/labor force x 100\n c. employed + unemployed\n d. unemployed x employed x 100

Answer

Brief Explanations:

The unemployment rate is a proportion of the unemployed in the labor - force, expressed as a percentage. It is calculated by dividing the number of unemployed individuals by the total labor force and then multiplying by 100.

Answer:

B. Number of unemployed/labor force x 100