If the number of unemployed equals 30,000 the number of employed equals 60,000 , and the number not in the labor force is 10,000, the labor - force participation rate Select one : a. is 90 % b . is 88.9 % . c . cannot be determined from this information. d.is 67 %

If the number of unemployed equals 30,000 the number of employed equals 60,000 , and the number not in the labor force is 10,000, the labor - force participation rate Select one : a. is 90 % b . is 88.9 % . c . cannot be determined from this information. d.is 67 %

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Unemployment

Section: Chapter Questions

Problem 1QR

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Question

If the number of unemployed equals 30,000 ,
the number of employed equals 60,000 , and
the number not in the labor force is 10,000,
the labor - force participation rate Select one :
a. is 90 % b. is 88.9 % . c. cannot be
determined from this information . d. is 67 %

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n June 2009 the BLS reported an adult population of 234.9 million, unemployment of 12.4 million, and employment of 141.6 million. Based on these numbers the labour-force participation rate was Select one: a. 141.6/154. b. 141.6/234.9. C. None of the above is correct. d. 154/234.9.
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1
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Refer to the table given. The labor-force participation rate is . percent. *** Employed Unemployed Not in the labor force 14,000 реоple 3,000реоple 4,000 people