The labour force participation rate shows the percentage of
A) working- age people who are actually working or seeking employment.
B) people not working, but who want to work.
C) people who are not actively participating in meaningful economic activity.
D) new entrants into the labour force.
Correct Answer:
Verified
Q120: Using the notation Pt to designate this
Q121: All people in the working- age population
Q122: Full employment occurs when the
A)natural unemployment rate
Q123: If a new and better good replaced
Q124: When the economy moves into and out
Q126: This type of unemployment reflects the normal
Q127: Assume the inflation rate falls from 4
Q128: Price indexes can overstate inflation because they
A)do
Q129: The working- age population is the total
Q130: If the people who take early retirement
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