Multiple Choice
If the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labor force, 10 million unemployed and 150 million employed, the labor force participation rate is
A) 6.67 percent.
B) 50 percent.
C) 69.6 percent.
D) 23.3 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q249: If the inflation rate is negative, the
Q250: Aggregate hours has an upward trend over
Q251: "People don't have any money to spend
Q252: If the CPI is 120, this means
Q256: Cyclical unemployment is the result of<br>A) the
Q257: Assume the inflation rate falls from 4
Q258: If the number of people unemployed is
Q259: The natural unemployment rate is the unemployment
Q348: Give an example of a cyclically unemployed
Q403: Why is unemployment a problem?