【每日一练】CFA 一级(2015年)
Question:
The unemployment rate is best described as the ratio of unemployed to:
A. total population of people who are of working age.
B. labor force.
C. labor force minus frictionally unemployed.
Answer = B
The unemployment rate is the ratio of unemployed to labor force.
CFA Level I
“Understanding Business Cycles,” by Michele Gambera, Milton Ezrati, and Bolong Cao
Section 4.1
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