Data for an Economy Show That the Unemployment Rate Is

Multiple Choice

Data for an economy show that the unemployment rate is 6 percent, the participation rate is 60 percent, and 200 million people 16 years or older are not in the labor force. How many people are in the working-age population in this economy?

A) 333 million
B) 500 million
C) 800 million
D) 1.20 billion