Multiple Choice
Data for an economy show that the unemployment rate is 6%,the participation rate is 60%,and 200 million people 15 years or older are not in the labour force.How many people are employed in this economy?
A) 6 million.
B) 188 million.
C) 282 million.
D) 300 million.
E) 500 million.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Private-sector investment includes spending on<br>A) consumer durable
Q6: GDP can be measured as each of
Q7: Capital income includes<br>A) profits,rent,and interest.<br>B) wages and
Q8: The total incomes of capital and labour
Q9: If the value of imports is greater
Q11: Wages and salaries are examples of<br>A) consumption.<br>B)
Q12: Net exports equal<br>A) the value added of
Q13: The percentage of the working-age population that
Q14: An economy produces only 1,000,000 computers valued
Q15: In recent years,Statistics Canada has released two