Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 million people.
-Refer to the scenario above.What can we say about the labor force participation rate?
A) It is equal to 94 percent.
B) It is greater than 94 percent if there are no discouraged workers.
C) It is smaller than 94 percent if 80 percent of the 400 people in County Y are considered potential workers.
D) It may be smaller, equal to, or greater than 94 percent if 80 percent of the 400 people in Country Y are considered potential workers.
Correct Answer:
Verified
Q38: Workers who are underemployed are _.
A) considered
Q39: Which of the following groups of people
Q40: Workers who are unemployed but are not
Q41: Which of the following statements is true
Q42: Scenario: 100 people live in Country X,
Q44: Scenario: 100 people live in Country X,
Q45: Which of the following statements is true?
A)
Q46: The following table compares labor statistics for
Q47: As a firm hires more and more
Q48: Which of the following statements is true
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