Based on the information in the table, how big is the labor force?
$$\begin{array} { | l | r }
\hline \text { Population } 16 \text { and older } & 1,000,000 \
\hline \text { Participation Rate } & 80 \% \
\hline \text { Errployed Workers } & 720,000 \
\hline
\end{array}$$
A)576,000
B)720,000
C)800,000
D)1,000,000

Question

Based on the information in the table, how big is the labor force?  
$$\begin{array} { | l | r } 
\hline \text { Population } 16 \text { and older } & 1,000,000 \
\hline \text { Participation Rate } & 80 \% \
\hline \text { Errployed Workers } & 720,000 \
\hline
\end{array}$$  
A)576,000
B)720,000
C)800,000
D)1,000,000

Quizplus · Accepted Answer

The labor force is calculated by multiplying the population 16 and older by the participation rate. So, 1,000,000 * 80% = 800,000.

Based on the Information in the Table, How Big Is