Solved

Suppose That Some Country Had an Adult Population of About

Question 137

Multiple Choice

Suppose that some country had an adult population of about 25 million,a labor-force participation rate of 60 percent,and an unemployment rate of 6 percent.How many people were employed?


A) 0.9 million
B) 14.1 million
C) 15 million
D) 23.5 million

Correct Answer:

verifed

Verified

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

Related Questions

Q20: The unemployment rate is computed as the

Q95: Marginally attached workers are people who are<br>A)looking

Q132: Duane owns his own real estate company.The

Q134: All else equal,which of the following would

Q135: According to 2014 data on the U.S.population,which

Q136: Recent entrants into the labor force account

Q138: Fred operates his own business,Fred would be

Q139: For the Bureau of Labor Statistics to

Q141: If the natural rate of unemployment is

Q142: Which of the following is a cause