Suppose the population (age 16 and over) of Japan is 100 million; 5 million are unemployed, and 70 million hold jobs. The employment/population ratio of Guatemala is

Question

Quizplus · Accepted Answer

The total population of Japan is 100 million, and 5 million are unemployed, so the number of employed people is 100 million - 5 million = 95 million. 
Therefore, the employment/population ratio in Japan is 70 million / 100 million = 0.7 or 70%. 
We aren't given any information about the employment/population ratio of Guatemala, so we cannot accurately calculate it. Thus, we can only guess and eliminate possible answer choices. According to global statistics, the employment/population ratio is usually between 50% to 70%, with some outliers being in the 80% range. Therefore, we can assume that Guatemala's employment/population ratio is likely to be between 50% to 80%. 
Out of the given answer choices, the only option within this range is C) 70 percent.

Suppose the Population (Age 16 and Over) of Japan Is