Multiple Choice
In a country with a working-age population of 300 million, 230 million workers are employed and 40 million workers are unemployed. What is the labor force participation rate?
A) 100 percent
B) 90 percent
C) 65 percent
D) 5 percent
Correct Answer:

Verified
Correct Answer:
Verified
Q121: When the economy is at full employment
Q122: Auto and steel workers commonly experience this
Q123: As currently calculated, the CPI tends to
Q124: The unemployment rate measures the percentage of<br>A)
Q125: If the Consumer Price Index last year
Q127: The New York Times reported in November
Q128: In the United States, the inflation rate
Q129: Suppose the natural unemployment rate equals 6
Q130: Explain the relationship(s) between full employment, cyclical
Q131: The labor force is defined as the<br>A)