Suppose that some country has 150 million employed persons, 20 million unemployed persons, and 200 million adults. Calculate the labor-force participation rate. This is a percentage, so remember to multiply the ratio by 100

Suppose that some country has 150 million employed persons, 20 million unemployed persons, and 200 million adults. Calculate the labor-force participation rate. This is a percentage, so remember to multiply the ratio by 100

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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