Population: Adult Number of Number of Number of populationadults (number employed: unemployed:in the of people adults adults not labor 15 years of force: age and over): 80,000,000 60,000,00030,000,00020,000,000 10,000,000 Answer the following question based on the table and corresponding information presented above: The labor force participation rate is:
Population: Adult Number of Number of Number of populationadults (number employed: unemployed:in the of people adults adults not labor 15 years of force: age and over): 80,000,000 60,000,00030,000,00020,000,000 10,000,000 Answer the following question based on the table and corresponding information presented above: The labor force participation rate is:
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section20.1: Identifying Unemployment
Problem 1QQ
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Question
![J00 148SoruNo=11
Population: Adult
Number of Number of Number of
populationadults
(number employed: unemployed:in the
of people
adults
adults not
labor
15 years of
force:
age and
over):
80,000,000 60,000,00030,000,000 20,000,000 10,000,000
Answer the following question based on the table and corresponding information presented above:
The labor force participation rate is:
A)
0.80 or 80%.
B)
0.375 or 37.5%
C)
0.50 or 50%
@ 186 © IAU](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd766d8f3-72d8-4283-b2bb-2a7986741a74%2F64aacd15-4fc4-4d04-ba1b-b5acb3adc0c3%2F15ucs8c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:J00 148SoruNo=11
Population: Adult
Number of Number of Number of
populationadults
(number employed: unemployed:in the
of people
adults
adults not
labor
15 years of
force:
age and
over):
80,000,000 60,000,00030,000,000 20,000,000 10,000,000
Answer the following question based on the table and corresponding information presented above:
The labor force participation rate is:
A)
0.80 or 80%.
B)
0.375 or 37.5%
C)
0.50 or 50%
@ 186 © IAU
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