Use the labour market information given below to answer the following questions: * Total opulation = 10 milliol Working - a * ge population = 7.5 million Labour force = 6 million Unemployed = 1 million Calculate the number of individuals (in millions) not in the labour force. a) 2.5 b) 1 c) 1.5 d ) 4.0
Use the labour market information given below to answer the following questions: * Total opulation = 10 milliol Working - a * ge population = 7.5 million Labour force = 6 million Unemployed = 1 million Calculate the number of individuals (in millions) not in the labour force. a) 2.5 b) 1 c) 1.5 d ) 4.0
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 1P
Related questions
Question
![Use the labour market information given below to answer the following
questions: * Total opulation = 10 milliol Working - a * ge population = 7.5
million Labour force = 6 million Unemployed = 1 million Calculate the
number of individuals (in millions) not in the labour force. a) 2.5 b) 1 c) 1.5 d
) 4.0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F86e09c13-9612-4bd1-ab5e-1a5824cda39a%2F18eba3c9-a4eb-4f13-a592-48a1cc86a00f%2Fqorwvnf.jpeg&w=3840&q=75)
Transcribed Image Text:Use the labour market information given below to answer the following
questions: * Total opulation = 10 milliol Working - a * ge population = 7.5
million Labour force = 6 million Unemployed = 1 million Calculate the
number of individuals (in millions) not in the labour force. a) 2.5 b) 1 c) 1.5 d
) 4.0
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