Solved

Data for an Economy Show That the Unemployment Rate Is

Question 102

Multiple Choice

Data for an economy show that the unemployment rate is 10%,the participation rate is 80%,and 200 million people 15 years or older are not in the labour force.How many people are employed in this economy?


A) 18 million.
B) 180 million.
C) 720 million.
D) 792 million.
E) 800 million.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q97: Real GDP measures the _ of production

Q98: In a small town of 100 people,there

Q99: If prices in the current year are

Q100: The following table shows the production and

Q101: Discouraged workers are<br>A) chronically unemployed.<br>B) involuntary part-time

Q103: Government purchases include all of the following

Q104: The market value of final goods and

Q105: Data for an economy show that the

Q106: Private-sector investment includes spending on<br>A) durables,nondurables,and services.<br>B)

Q107: The index of economic well-being includes all