Which of the following pieces of information do you need to calculate the labour force participation rate?
I. The number of employed persons
II. The number of unemployed persons
III. The population
IV. The working- age population
A) I and II
B) I and III
C) I, II and III
D) I, II and IV
Correct Answer:
Verified
Q40: Including marginally attached workers in the calculation
Q41: An individual is structurally unemployed if
A)the individual
Q42: Using the official measure of unemployment, which
Q43: Suppose the economy is experiencing frictional unemployment
Q46: Suppose there are 100 million people in
Q47: Frictional unemployment is
A)unemployment associated with the changing
Q48: The Consumer Price Index is a measure
Q49: In an economy, 40 million people are
Q50: Structural unemployment is the result of
A)technological change
Q101: Bob inherits a large sum of money
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