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barry1999 barry1999
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5 years ago

Question 1.

If the labor force is 575,000 and the total population 16 years of age or older is 650,000, the labor-force participation rate is



▸ 65.0%.

▸ 75.0%.

▸ 88.5%.

▸ 92.5%.

Question 2.

If the labor-force participation rate is 90% and the total population 16 years of age or older is 3 million people, the labor force is



▸ 2,450,000 people.

▸ 2,700,000 people.

▸ 3,300,000 people.

▸ 3,900,000 people.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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gumpfablegumpfable
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barry1999 Author
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#2
5 years ago
Brilliant
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