The economic measure that represents the percentage of people in the labor force who are willing to work, are looking for work, but are unable to find work is the a. unemployment rate.
Which economic measure is the percentage of people in the labor force who are willing to work, are looking for work, but are unable to find work?
a. unemployment rate
b. Consumer Price Index (CPI)
c. retail sales
d. gross domestic product (GDP)
1 answer