Solved

Consider an Economy with an Adult Population of 100,50 of Whom

Question 7

Multiple Choice

Consider an economy with an adult population of 100,50 of whom hold jobs,10 of whom are looking for work,and 15 of whom are retired.The labor force participation rate is _____.


A) 100 percent
B) 60 percent
C) 50 percent
D) 40 percent
E) 10 percent

Correct Answer:

verifed

Verified

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

Related Questions