In a country where both the labor force participation rate and the unemployment rate are very low, which of the following answers explains why this may be the case?
A) A large percentage of the population consists of children.
B) A large percentage of the population is aging and thus has retired.
C) A large percentage of the population is unemployed.
D) A large percentage of the population is employed.
Correct Answer:
Verified
Q12: Which of the following is an example
Q22: The percentage of adults in the labor
Q23: Which of the following best defines a
Q24: An unemployed person is best defined as
Q25: What is the unemployment rate for a
Q26: When workers lose their jobs and become
Q28: Which of the following individuals can be
Q29: Adults who do not have a job
Q31: When workers lose their jobs and become
Q32: Use the following to answer questions:
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