UTK ECON 201 FINAL EXAM Bueckman





employed - ANSWERSPaid employees, self-employed, and underpaid workers in a family business



unemployed - ANSWERSdoesn't work but has searched for work within the past 4 weeks



not in labor force - ANSWERShave no job and not searching for a job



labor force - ANSWERSall potential workers, working and not working



unemployment rate - ANSWERSunemployed/labor force x 100 (U)



Labor force participation rate - ANSWERS% of the adult population in the ...
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