Suppose U = the number of adults who are unemployed, E = the number of adults who are employed, and NLF = the number of adults NOT in the labour force.Which expression would equal the labour force participation rate?
A) E/(U + E)
B) U/(U + E + NLF)
C) E/(U + E + NLF)
D) (U + E)/(U + E + NLF)

Question

Suppose U = the number of adults who are unemployed, E = the number of adults who are employed, and NLF = the number of adults NOT in the labour force.Which expression would equal the labour force participation rate?  
A) E/(U + E) 
B) U/(U + E + NLF) 
C) E/(U + E + NLF) 
D) (U + E)/(U + E + NLF)

Quizplus · Accepted Answer

The labour force participation rate is calculated by dividing the sum of those who are employed (E) and those who are unemployed (U) by the total adult population, which includes those in the labour force (U + E) and those not in the labour force (NLF). Therefore, the correct expression is (U + E)/(U + E + NLF).

Suppose U = the Number of Adults Who Are Unemployed