Solved

Suppose That,in the Year 2011,the U

Question 201

Essay

Suppose that,in the year 2011,the U.S.working-age population is 300 million people,the total labor force is 240 million,and the unemployment rate is 6 percent.
(A)How many people are unemployed?
(B)What is the labor force participation rate in the year 2005?
(C)What is the employment -to-population ratio?

Correct Answer:

verifed

Verified

(A) The number of people unemployed is ....

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents