Multiple Choice
Table 6.1
Employment status of the working age
population of Metropolis is approximately:
-Given the data in Table 6.1, the labor force participation rate of Metropolis is approximately
A) 96 percent.
B) 91 percent.
C) 83 percent.
D) 78 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q143: People who are currently not working but
Q144: Suppose an economy consists of 500,000 individuals
Q145: When the "real" GDP falls, the rate
Q146: The unemployment rate<br>A) rises during booms and
Q147: To operate efficiently, an economy generally "needs"
Q149: In what sense is frictional unemployment "good"
Q150: If a large number of people are
Q151: The Consumer Price Index (CPI)relies on the
Q152: Unemployment and recessions are sometimes necessary to
Q153: Economists call the physical cost of changing