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) 69.6 percent.
B) 23.3 percent.
C) 6.67 percent.
D) 50 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q260: The commodity substitution bias is that<br>A) consumers
Q261: Define the unemployment rate and labor-force participation
Q262: Substitution bias in the CPI refers to
Q263: If a worker is temporarily laid off
Q264: Full employment exists when<br>A) there is only
Q266: What is potential GDP and what is
Q267: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In 2016, consumers
Q268: Bill is a high-school dropout who lost
Q269: If the price level for the last
Q270: Because of a bank merger, Ms. Davis