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In an Economy,U = the Number of Adults Who Are

Question 87

Multiple Choice

In an economy,U = the number of adults who are unemployed,E = the number of adults who are employed,and NLF = the number of adults not in the labor force.The labor force participation rate in the economy is equal to:


A) U/(U + E) .
B) E/(U + E) .
C) U/(U + E + NLF) .
D) E/(U + E + NLF) .
E) (U + E) /(U + E + NLF) .

Correct Answer:

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