Q14. The labor force was 25 million, working age population was 45 million, the number of people employed was 15 million. The labor force participation rate is a. 0.55 b. 15 million C. 55% d. 20 million

Q14. The labor force was 25 million, working age population was 45 million, the number of people employed was 15 million. The labor force participation rate is a. 0.55 b. 15 million C. 55% d. 20 million

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Labor Markets

Section: Chapter Questions

Problem 3SQP

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Q14. The labor force was 25 million, working age population was 45 million, the number of people
employed was 15 million. The labor force participation rate is
a. 0.55
b. 15 million
C. 55%
d. 20 million

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