Suppose the working-age population of Country A is 200 million,the number employed is 130 million,and the number unemployed is 10 million.What is the labor force participation rate?
A) 60 percent.
B) 70 percent.
C) 65 percent.
D) 75 percent.
Correct Answer:
Verified
Q101: The natural rate of unemployment includes
A)Seasonal and
Q102: According to an In the News article
Q103: An unemployed worker who wants a job
Q104: Unemployment was fairly low during all of
Q105: As a result of outsourcing,
A)Domestic workers may
Q107: Jim's job was transferred 800 miles away.Although
Q108: Unemployment was particularly high during
A)The Great Depression.
B)World
Q109: According to the section "The Economy Tomorrow,"
Q110: In the 1960s the Council of Economic
Q111: The quote,"I don't prefer 7% unemployment,but I
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents