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Author Question: If the number of unemployed equals 10,000, the number of employed equals 70,000, and the number not ... (Read 80 times)

joblessjake

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Question 1

If the labor-force participation rate is 90% and the total population 16 years of age or older is 3 million people, the labor force is


◦ 2,450,000 people.
◦ 2,700,000 people.
◦ 3,300,000 people.
◦ 3,900,000 people.

Question 2

If the number of unemployed equals 10,000, the number of employed equals 70,000, and the number not in the labor force is 20,000, the labor-force participation rate is


◦ 60%.
◦ 70%.
◦ 80%.
◦ 90%.


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Marked as best answer by joblessjake on Apr 19, 2019

fffftttt

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joblessjake

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


bimper21

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Reply 3 on: Yesterday
:D TYSM

 

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