In an economy, 42 million people are in the labor force, 38 million are employed, and 47 million are of working age. How many people are not in the labor force?
A) 4 million
B) 19 percent
C) 5 million
D) 9 million
Correct Answer:
Verified
Q23: Using the definition of unemployment, which of
Q24: The official U-3 unemployment rate includes the
Q25: The _is calculated as the number of
Q26: The official U-3 unemployment rate
A) counts discouraged
Q27: The unemployment rate is found by dividing
Q29: Using the official measure of unemployment, which
Q30: Which of the following best fits the
Q31: The unemployment rate equals
A) the rate of
Q32: Which of the following people would be
Q33: The unemployment rate is calculated as
A) [labor
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