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Author Question: In a small country, the adult population equals 5,000. There are 4,000 people in the labor force and ... (Read 106 times)

berenicecastro

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on: Jun 29, 2018
In a small country, the adult population equals 5,000. There are 4,000 people in the labor force and 3,000 people are employed. The labor force participation rate equals
 
  A) 25 percent.
  B) 80 percent.
  C) 30 percent.
  D) an undetermined amount given the lack of information.

Question 2

According to the text, the net public debt to Gross Domestic Product (GDP) ratio is currently about
 
  A) 10.
  B) 25.
  C) 60.
  D) 120.


cloud

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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