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The unemployment rate is equal to the number of unemployed persons divided by _______ x100.Group of answer choicesThe total populationThe adult populationThe labor forceNone of the above

Question

The unemployment rate is equal to the number of unemployed persons divided by _______ x100.Group of answer choicesThe total populationThe adult populationThe labor forceNone of the above

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Solution

The unemployment rate is calculated by dividing the number of unemployed persons by the labor force, then multiplying by 100. So, the correct answer is "The labor force".

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