Answer to Question #135737 in Macroeconomics for Valerie

Question

Choose the most relevant and correct answer

The strict definition of the unemployment rate…

[1] include not economically active persons.

[2] excludes discouraged work-seekers.

[3] express the number of unemployed persons as a percentage of employed p

Answer 1

[3] express the number of unemployed persons as a percentage of employed persons.