-Using the information in the above table, the labor force participation rate is
A) 67.1 percent.
B) 64.0 percent.
C) 95.7 percent.
D) 56 percent.

Question

-Using the information in the above table, the labor force participation rate is
A) 67.1 percent. 
B) 64.0 percent. 
C) 95.7 percent. 
D) 56 percent.

Quizplus · Accepted Answer

The labor force participation rate is calculated by dividing the labor force by the total population eligible to participate (typically adults 16 years and older) and multiplying by 100 to get a percentage. Choice A, 67.1 percent, correctly reflects this calculation based on the provided data.

-Using the Information in the Above Table, the Labor Force