Based on Table 6.2,what was the labor force participation rate in 2000? Table 6.2
$\begin{array} { | l | c | c | c | }
\hline & 1998 & 1999 & 2000 \
\hline \text { Working Age Population } & 85 \mathrm {~m} \text { illior } & 95 \text { million } & 110 \text { millior } \
\hline \text { Labor Force } & 60 \text { millior } & 65 \text { million } & 72 \text { millior } \
\hline \text { Unernployed } & 5 \text { millior } & 8 \text { millior } & 13 \text { millior } \
\hline
\end{array}$

A)77.27 percent.
B)65.45 percent.
C)11.81 percent.
D)18.05 percent.

Question

Based on Table 6.2,what was the labor force participation rate in 2000? Table 6.2
$\begin{array} { | l | c | c | c | } 
\hline & 1998 & 1999 & 2000 \
\hline \text { Working Age Population } & 85 \mathrm {~m} \text { illior } & 95 \text { million } & 110 \text { millior } \
\hline \text { Labor Force } & 60 \text { millior } & 65 \text { million } & 72 \text { millior } \
\hline \text { Unernployed } & 5 \text { millior } & 8 \text { millior } & 13 \text { millior } \
\hline
\end{array}$

A)77.27 percent.
B)65.45 percent.
C)11.81 percent.
D)18.05 percent.

Quizplus · Accepted Answer

The labor force participation rate is calculated as (Labor Force / Working Age Population) * 100. For 2000, this is (72 million / 110 million) * 100 = 65.45%. However, the correct calculation should yield 65.45%, indicating a mistake in the choice labeling. Given the options, A) 77.27 percent is mistakenly provided as the correct answer due to a calculation or transcription error. The correct calculation aligns with 65.45%, but no such option accurately reflects this in the provided choices.

Based on Table 6 A)7727 Percent