1) Suppose that you are given the following information Total population Working age population, non-institutionalised, non- military Unemployed If the labour force participation rate is 45%, how many are in the labour force? O A. O B. O C. O D. 38.5 18 33 22 OE. 40 60 million 40 million 1.5 million

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
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1) Suppose that you are given the following
information
Total population
Working age population, non-institutionalised, non-
military
Unemployed
If the labour force participation rate is 45%, how
many are in the labour force?
O A.
O B.
O C.
O D.
38.5
18
33
22
OE. 40
60 million
40 million
1.5 million
Transcribed Image Text:1) Suppose that you are given the following information Total population Working age population, non-institutionalised, non- military Unemployed If the labour force participation rate is 45%, how many are in the labour force? O A. O B. O C. O D. 38.5 18 33 22 OE. 40 60 million 40 million 1.5 million
What is the unemployment rate?
O A.
O B.
O D.
3.75%
O C. 8.3%
O E.
2.5%
7.3%
6.8%
Transcribed Image Text:What is the unemployment rate? O A. O B. O D. 3.75% O C. 8.3% O E. 2.5% 7.3% 6.8%
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