Multiple Choice
Refer to the following scenario to answer the following questions.
A government worker surveys a number of households and comes up with the following information: there were a total of 100 people in the households, 10 of the people were children under 16, 60 people had full-time jobs, 10 people had part-time jobs, 5 were stay-at-home parents, 10 were full-time students over the age of 16, and 5 people had no job but were looking for jobs.
-According to the information in the survey,the labor force participation rate is
A) 66.7 percent.
B) 75 percent.
C) 83.3 percent.
D) 90 percent.
E) 94.4 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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