In a small country, the adult population equals 10,000. There are 3,000 people unemployed and 4,000 people are employed. The labor force participation rate equals
A) 70 percent.
B) 57 percent.
C) 40 percent.
D) an undetermined amount given the lack of information.
Correct Answer:
Verified
Q81: One criticism of the unemployment rate is
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Q84: The labor force participation rate is the
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Q92: A person who is currently not working
Q94: The unemployment rate can increase when
A) the
Q94: In a small country, the adult population
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A) has
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