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If the Number of Unemployed Equals 20,000, the Number of Employed

Question 148

Multiple Choice

If the number of unemployed equals 20,000, the number of employed equals 60,000, and the total population 16 years of age and older is 90,000, the labor- force participation rate:


A) is 33.33%.
B) is 88.9%.
C) is 66.2%.
D) cannot be determined from this information.

Correct Answer:

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