Multiple Choice
Suppose some country had an adult population of about 46 million, a labour-force participation rate of 75 percent, and an unemployment rate of 8 percent. How many people were employed?
A) 2.76 million
B) 31.74 million
C) 34.5 million
D) 42.32 million
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: Which of the following is a cost
Q51: Since unemployment rates are consistently higher in
Q52: Why does unemployment impose a cost to
Q53: If the number of people in work
Q54: Unions might increase efficiency in the case
Q55: Some frictional unemployment is inevitable because<br>A) Of
Q56: Fill in the blank entries in
Q57: Robert recently completed his university degree and
Q59: It is difficult for cyclically unemployed persons
Q60: A union is a labour cartel.