-Refer to Exhibit 6-2.The employment rate in year 4 is
A) 12.5 percent.
B) 7.2 percent.
C) 72 percent.
D) 10 percent.
E) 90 percent.

Question

-Refer to Exhibit 6-2.The employment rate in year 4 is
A) 12.5 percent. 
B) 7.2 percent. 
C) 72 percent. 
D) 10 percent. 
E) 90 percent.

Quizplus · Accepted Answer

The employment rate is calculated by dividing the number of employed individuals by the total labor force and then multiplying by 100 to get a percentage. In year 4, the number of employed individuals is 90 (from the exhibit data), and the total labor force is 125 (also from the exhibit data). Therefore, the employment rate is (90/125) * 100 = 72%.