Multiple Choice
Suppose U = the number of adults who are unemployed; E = the number of adults who are employed; and NLF = the number of adults not in the labor force.Which expression would equal the labor force participation rate?
A) U/(U + E)
B) E/(U + E)
C) U/(U + E + NLF)
D) E/(U + E + NLF)
E) (U + E) /(U + E + NLF)
Correct Answer:
Verified
Correct Answer:
Verified
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