If Macroland had the following information 200 - Employed Workers 100 - Not working, but still looking for a job 100 - Students not looking for a job 100 - Retired workers 100 - Children What is the Participation Rate of Macroland? Your answer should be a percentage

If Macroland had the following information 200 - Employed Workers 100 - Not working, but still looking for a job 100 - Students not looking for a job 100 - Retired workers 100 - Children What is the Participation Rate of Macroland? Your answer should be a percentage

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If Macroland had the following information

200 - Employed Workers
100 - Not working, but still looking for a job
100 - Students not looking for a job
100 - Retired workers
100 - Children

What is the Participation Rate of Macroland?

Your answer should be a percentage

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