Reading 22: Monitoring Jobs and the Price Level - LOS a ～ following, border, 308, country, class

mayanfang1

Q4. Given the following information for a country, what is the labor force participation rate?

Total civilian population 16 and over	210
Those not in the labor force	50
Unemployed	8
Employed	152

A)   72%.

B)   95%.

C)   76%.

mayanfang1

答案和详解如下：

Q4. Given the following information for a country, what is the labor force participation rate?

Total civilian population 16 and over	210
Those not in the labor force	50
Unemployed	8
Employed	152

A)   72%.

B)   95%.

C)   76%.

Correct answer is C)

Labor force participation rate = (# of persons 16 or older who are employed or seeking employment) / (civilian population 16 or older)
Labor force participation rate = (8 + 152) / 210 = 76%.

fange520

b

Laura17

 cheers

dynamic

thx

jacky_z

Thanks

Michjay

a

 

connie198226

great

hjl2000

d

大狗狗

K