The unemployment rate is calculated by dividing the number of ______ by the ______ times 100.Multiple choice question.the labour force; unemployedunemployed; labour forcethe labour force; employedemployed; labour force

The formula used to determine the unemployment rate is:Multiple choice question.unemployed divided by labour force times 100labour force divided by unemployed times 100population divided by unemployed times 100unemployed divided by population times 100

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

Which of the following statements is correct regarding the labour market?Select the correct answerGroup of answer choicesemployment rate = employed ÷ labour forceparticipation rate = (employed+unemployed) ÷ (population of working age)unemployment rate = unemployed ÷ population of working ageThe number of discouraged workers is the unemployment rate

Suppose there are 200 million people in the population, 120 million people in the labor force, and 90 million people are employed. The number of people unemployed is ____________ million and the unemployment rate is __________%.Group of answer choices30; 2530; 3330; 580; 40

Assume a country  to have 1000 labour forcces, in which 100 people are unemployed and 900 people are employed. What is the unemployment rate of the country?