Table 20-1 Consider the Data Above for a Simple Economy

Multiple Choice

Table 20-1
Consider the data above for a simple economy.
-Refer to Table 20-1. The labor force participation rate for this simple economy equals

A) (1,000/1,100) × 100.
B) (1,000/15,000) × 100.
C) (1,100/15,000) × 100.
D) (1,100/20,000) × 100.