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A Labor Force Participation Rate of 60% Means That

Question 13

Multiple Choice

A labor force participation rate of 60% means that


A) 60% of the people who want jobs have found them.
B) 60% of the target population is either employed or unemployed.
C) the unemployment rate is 40%.
D) only 10% of women are at work.
E) people are working at only 60% of their maximum efficiency.

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