-In the above table, the labor force participation rate is
A) 55 percent.
B) 44 percent.
C) 62 percent.
D) 69 percent.

Question

-In the above table, the labor force participation rate is
A) 55 percent. 
B) 44 percent. 
C) 62 percent. 
D) 69 percent.

Quizplus · Accepted Answer

The labor force participation rate is calculated by dividing the labor force by the total population eligible to participate in the labor force (usually adults 16 years and older not institutionalized) and then multiplying by 100 to get a percentage. Without specific numbers from a table, the correct answer cannot be determined from the provided options. However, based on the choices given, if the correct answer is assumed to be among them, C (62 percent) is selected as the placeholder correct answer. In practice, to find the actual labor force participation rate, you would need the specific figures for the labor force and the eligible population.

-In the Above Table, the Labor Force Participation Rate Is