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seeb1999 seeb1999
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5 years ago

Question 1.

The labor force includes those people with a job and



▸ those people who are looking for work.

▸ those people training for a job.

▸ those people who formerly worked and are now retired.

▸ homemakers.

Question 2.

If a country has a population of 400 million, 160 million people employed and 40 million people looking for work, then its unemployment rate is



▸ 10%.

▸ 20%.

▸ 25%.

▸ 40%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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purplepanda1516purplepanda1516
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5 years ago
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seeb1999 Author
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5 years ago
Thanks for your help!!
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You make an excellent tutor!
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Smart ... Thanks!
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