In an economy, 42 million people are in the labour force, 38 million are employed, and 47 million are of working age. How many people are not in the labour force?
A) 9 million
B) 19 per cent
C) 5 million
D) 4 million
Correct Answer:
Verified
Q97: The working- age population can be divided
Q98: The three types of unemployment are
A)voluntary, involuntary
Q99: A discouraged worker _ counted as officially
Q100: Suppose the Consumer Price Index is 143.6.
Q101: Discouraged workers _ counted as officially unemployed
Q103: The natural unemployment rate
A)rises with an increase
Q104: The economy is at full employment when
A)there
Q105: Using the definition of unemployment, which of
Q106: Suppose the country of Quasiland experienced a
Q107: Who among the following is NOT considered
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents