In November 2010 the labor force in Siouxtown, was 14,800. There were 14,483 persons employed. The local unemployment rate:

During the Great Depression of the 1930s, the unemployment rate reached more than _________ of the labor force.

Karen chooses to go to university fulltime rather than to work. Karen:

Through good economic years and bad, many European economies had unemployment rates hovering near _________ since the 1970s.

Each month the Census Bureau carries out the Current Population Survey (CPS) (which has been carried out every month since 1940). A total of __________ households are contacted every month.

Insofar as government public policy is concerned, the best way to battle unemployment would be __________________.

If the unemployment rate is 6 percent and the number of persons unemployed is 6 million, then the number of people employed is equal to:

The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:

Freelife, New Hampshire has a labor force of 78,567 persons and employment of 74,382. The unemployment rate for the city is:

The extent of _______________________ will depend on how easy it is for workers to learn about alternative jobs, which may reflect the ease of communications about job prospects in the economy.

What name is given to the index based on the prices of exported or imported merchandise?

Nancy's union has negotiated a three-year wage contract that provides for a 2.4% increase indexed to inflation. The rates of inflation are forecast to be 1.62%, 1.93% and 2.21% respectively. How will Nancy's wage increase be expressed in the new contract?

In the 1970s and 1980s, labor unions commonly negotiated wage contracts that had _______________________ which guaranteed that their wages would keep up with inflation.

Another term used to describe negative inflation is:

The percentage change in the price level from one time period to the next, whether the price level is measured in terms of money or as a price index, will be the _____________.

The effects of inflation are seen in:

The GDP deflator is a price index that includes the following components of GDP:

When Anders took out his first two-year membership with Maxima Gym in 2004, the fee was $540.00. He renewed his membership three times; in 2006 for $580.00, in 2008, for $600.00, and again in 2010, for $630.00. What is the overall rate of inflation for Anders' gym membership?

What distinguishes the real value of a statistic from the nominal value of a statistic?

With regard to the economy, the term negative inflation is synonymous with which of the following?