What is the labor force participation rate for a nation with an adult population of 20 million, 12 million employed workers and 3 million unemployed workers?
A) 50 percent
B) 60 percent
C) 75 percent
D) 90 percent
Correct Answer:
Verified
Q85: Q87: The natural unemployment rate is defined as Q88: A country has a population of 160 Q90: Most economists expect labor force participation rates Q91: What type of unemployment can increase or Q93: Why are there now more women in Q94: The natural unemployment rate includes the rates Q168: Higher implicit tax rates tend to cause Q169: The natural unemployment rate consists of: Q179: The labor force participation rate is highest
A) frictional
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