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lbelcher lbelcher
wrote...
Posts: 482
4 years ago

Question 1.

If the number of people employed is 150,000 and the labor force is 170,000, the unemployment rate is



▸ 2.5%.

▸ 6.25%.

▸ 6.55%.

▸ 11.76%.

Question 2.

If the labor force is 320,000 and the total population 16 years of age or older is 400,000, the labor-force participation rate is



▸ 72%.

▸ 76%.

▸ 80%.

▸ 88%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
austireaustire
wrote...
Posts: 408
4 years ago
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