-Refer to Table 6.4. The labor- force participation rate equals:
A) 3.7%.
B) 83.5%.
C) 66.6%.
D) 3.1%.

Name: -Refer to Table 6.4. The labor- force participation rate equals: A) 3.7%. B) 83.5%. C) 66.6%. D) 3.1%.
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Question

-Refer to Table 6.4. The labor- force participation rate equals:
A) 3.7%. 
B) 83.5%. 
C) 66.6%. 
D) 3.1%.

Quizplus · Accepted Answer

The labor-force participation rate is the percentage of the population that is either employed or unemployed but actively seeking work. In Table 6.4, the labor force is 133.5 million and the population is 160 million. So the labor-force participation rate is 133.5 / 160 * 100 = 83.5%.