Suppose the working-age population in Tiny Town is 100 people. If 25 of these people are not in the labour force, the ________ equals ________.
A)labour force; 75 people
B)unemployment rate; 25 percent
C)unemployment rate; 33 percent
D)employment-to-population ratio; 25 percent
E)employment-to-population ratio; 75 percent

Question

Quizplus · Accepted Answer

The labour force includes individuals who are employed and those who are unemployed but actively seeking work. Since 25 people are not in the labour force, the remaining 75 people are in the labour force.

Suppose the Working-Age Population in Tiny Town Is 100 People