Multiple Choice
Suppose some country had an adult population of about 25 million,the labor-force participation rate was 60 percent,and the unemployment rate was 6 percent.What were the number of people employed and the number of people in the labor force?
A) 11.75 million, and 12.5 million
B) 13.5 million and 15 million
C) 14 million, and 12.5 million
D) 14.1 million, and 15 million
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Cyclical unemployment is closely associated with<br>A)long-term economic
Q35: Consider two labor markets in which jobs
Q97: When employers pay efficiency wages,they pay wages<br>A)below
Q98: Suppose that a large number of men
Q101: Henry Ford<br>A)was forced by a union to
Q104: In one year you meet 45 people
Q107: Use the following table to answer the
Q113: Unemployment insurance<br>A) reduces search effort and raises
Q119: The natural unemployment rate includes<br>A)both frictional and
Q238: Sally is on a temporary layoff from