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Suppose the Population (Age 16 and Over) of the Philippines

Question 11

Multiple Choice

Suppose the population (age 16 and over) of the Philippines is 100 million; 5 million are unemployed, and 70 million hold jobs. The labor force participation rate in the Philippines is


A) 5 percent.
B) 65 percent.
C) 70 percent.
D) 75 percent.

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