refer to the following information: In Littleville, which has 1000 residents, 400 people do not currently work. Of these 400 persons, 240 are under age 16, 10 are institutionalized, 25 have become discouraged and quit seeking work, and 75 others are either full-time students or home-makers. Of the 600 people who do work, 150 work part-time but wish to work full-time.
-The employment-population ratio in Littleville is :

Question

refer to the following information:  In Littleville, which has 1000 residents, 400 people do not currently work.  Of these 400 persons, 240 are under age 16, 10 are institutionalized, 25 have become discouraged and quit seeking work, and 75 others are either full-time students or home-makers.  Of the 600 people who do work, 150 work part-time but wish to work full-time.
-The employment-population ratio in Littleville is :

Quizplus · Accepted Answer

The employment-population ratio is calculated by dividing the number of employed individuals by the total population eligible for work. In Littleville, 600 people work (employed), and the population eligible for work excludes those under 16, institutionalized, and possibly those who are discouraged, students, or homemakers, depending on the definition used. However, for the purpose of this calculation, we consider the total population (1000) as the denominator, making the ratio 600/1000 or simplified to 600/750.

Refer to the Following Information: in Littleville, Which Has