Economics · Employment and Unemployment
The unemployment rate is calculated as the ratio of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Unemployed workers to the total population
- 2Total population to the labour force
- 3Unemployed workers to the labour force✓
- 4Employed workers to the labour force
Correct answer
Unemployed workers to the labour force
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