« previous next »

Author Question: Suppose the population is 220 million people, the labor force is 150 million people, the number of ... (Read 37 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
Suppose the population is 220 million people, the labor force is 150 million people, the number of people employed is 130 million and the working-age population is 175 million people. What is the labor force participation rate?
 
  A) 0.68 percent
  B) 68 percent
  C) 85.7 percent
  D) 86.7 percent

Question 2

In the national income accounts, the purchase of a new house counts as
 
  A) consumption expenditure.
  B) investment.
  C) a transfer.
  D) an addition to inventory.


upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Predators and Population Cycles Predators and Population Cycles
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
population population
The Great Spike in World Population Growth The Great Spike in World Population Growth
Government By the People, 2016 Presidential Election, 26th Edition Government By the People, 2016 Presidential Election, 26th Edition
Earth 240 Million Years Ago Earth 240 Million Years Ago
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library