If the number of employed persons equals 180 million, the number of unemployed persons equals 15 million, and the number of persons over age 16 in the population equals 210 million, the unemployment rate equals ____ and the labor force participation rate equals ____.
A)7.1%; 85.7%
B)7.7%; 85.7%
C)7.1%; 92.9%
D)7.7%; 92.9%

Question

If the number of employed persons equals 180 million, the number of unemployed persons equals 15 million, and the number of persons over age 16 in the population equals 210 million, the unemployment rate equals ____ and the labor force participation rate equals ____.
A)​7.1%; 85.7%
B)​7.7%; 85.7%
C)​7.1%; 92.9%
D)​7.7%; 92.9%

Quizplus · Accepted Answer

The Answer of If the number of employed persons equals 180 million, the number of unemployed persons equals 15 million, and the number of persons over age 16 in the population equals 210 million, the unemployment rate equals ____ and the labor force participation rate equals ____.
A)​7.1%; 85.7%
B)​7.7%; 85.7%
C)​7.1%; 92.9%
D)​7.7%; 92.9%

If the Number of Employed Persons Equals 180 Million, the Number