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- Subject
- Employment, Migration, And Urbanizationeconomics-mcqs › employment-migration-and-urbanization
- Published
- 1 Jun 2019
- Last updated
- 28 May 2026
Explanation
The unemployment rate is determined by dividing the number of unemployed individuals by the total labor force, which includes both employed and unemployed persons. Other options describe different ratios that do not represent the unemployment rate.
More Employment, Migration, And Urbanization MCQs
Practice related questions from the same subject.
- 1.According to Keynesian economics, what is the recommended approach to address unemployment?
- 2.Which statement below is INCORRECT regarding rural-to-urban migration?
- 3.Which concept underlies the theory of zero marginal productivity of labor?
- 4.Who are considered the invisibly underemployed?
- 5.Which statement about unemployment in less developed countries (LDCs) is INCORRECT?
- 6.In less developed countries (LDCs), which group is least likely to be openly unemployed?
- 7.Identify the item that does not qualify as a capital good from the list below:
- 8.What is the role of entrepreneurship in the production process?
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