Suppose the Population (Age 16 and Over) of France Is

Multiple Choice

Suppose the population (age 16 and over) of France is 50 million; 4 million are unemployed, and 36 million hold jobs. What are the rates of unemployment and labor force participation of France?

A) Unemployment is 10 percent, and labor force participation is 80 percent.
B) Unemployment is 10 percent, and labor force participation is 75 percent.
C) Unemployment is 11 percent, and labor force participation is 80 percent.
D) Unemployment is 11 percent, and labor force participation is 90 percent.