As a result of the Great Depression of 1929, the unemployment rate in USA rose from 3 percent to 25 percent. Unemployment rate is defined as: - Study24x7
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As a result of the Great Depression of 1929, the unemployment rate in USA rose from 3 percent to 25 percent. Unemployment rate is defined as:

A

Ratio of number of people who are not working and looking for jobs to the total population of the country

B

Ratio of number of people who are working to the number of people who are not working and looking for jobs

C

Ratio of number of people who are not working and looking for jobs to the number of people who are working

D

Ratio of the total population of the country to the number of people who are not working

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