Given the information in the table, what is the labor force participation rate? Catagory Less than 16 years old Full-time workers Full-time military Part-time workers A. 74.7% OB. 74.3% OC. 63.1% OD. 69.2% Institutionalized Looking for work Retired Number of people (millions) 40 135 1.2 20 14.8 11.5 41.5
Given the information in the table, what is the labor force participation rate? Catagory Less than 16 years old Full-time workers Full-time military Part-time workers A. 74.7% OB. 74.3% OC. 63.1% OD. 69.2% Institutionalized Looking for work Retired Number of people (millions) 40 135 1.2 20 14.8 11.5 41.5
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter14: Labor Markets And Income
Section: Chapter Questions
Problem 29RQ: Does a gap between the average earnings of men and women, or between whites and blacks, prove that...
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![Given the information in the table, what is the labor force participation rate?
Catagory
Less than 16 years old
Full-time workers
Full-time military
Part-time workers
A. 74.7%
OB. 74.3%
OC. 63.1%
OD. 69.2%
Institutionalized
Looking for work
Retired
Number of people (millions)
40
135
1.2
20
14.8
11.5
41.5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F140ca7f5-8fe8-44b6-9d8c-6fd12a20ba54%2F654d6fe3-019a-4d0a-bc45-61a1e376d744%2Flct618f_processed.png&w=3840&q=75)
Transcribed Image Text:Given the information in the table, what is the labor force participation rate?
Catagory
Less than 16 years old
Full-time workers
Full-time military
Part-time workers
A. 74.7%
OB. 74.3%
OC. 63.1%
OD. 69.2%
Institutionalized
Looking for work
Retired
Number of people (millions)
40
135
1.2
20
14.8
11.5
41.5
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