Multiple Choice
-The labor force participation rate is the ratio of
A) (the number of unemployed divided by the labor force) multiplied by 100.
B) (the number of unemployed divided by the working- age population) multiplied by 100.
C) (the labor force divided by the total population) multiplied by 100.
D) (the labor force divided by the working- age population) multiplied by 100.
Correct Answer:
Verified
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