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Suppose There Are Currently 100 People Unemployed, 1,500 People Employed

Question 116

Multiple Choice

Suppose there are currently 100 people unemployed, 1,500 people employed, and 2,000 people in the working age population. The labor force participation rate equals 100 times


A) 100/1,500.
B) 100/1,600.
C) 1500/2,000.
D) 1600/2,000.

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