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In a Country with a Working- Age Population of 30

Question 1

Multiple Choice

In a country with a working- age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part- time, half of whom wish to work full- time.The labour force participation rate is


A) 73.3 percent.
B) 20 percent.
C) 60 percent.
D) 66.7 percent.
E) 53.3 percent.

Correct Answer:

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