Table 6.4: Population and Employment in Nationland?199920002001Working Age Population100110125Employed657080Unemployed51020Discouraged Workers235*all numbers are in millionsWhat was the labor force participation rate in Nationland in 2000?

A. 65.0 percent.
B. 72.7 percent.
C. 72.0 percent.
D. 67.0 percent.


Answer: B

Economics

You might also like to view...

The marginal cost to a student of missing a class meeting in Introductory Economics increases when

A) textbook prices increase. B) tuition rates increase. C) valuable information is communicated in the class meetings. D) any of the above occurs.

Economics

For an economy to eliminate inflation once people have begun to anticipate it, _____

a. a passive policy approach must be followed b. the monetary authorities must announce their decisions c. actual inflation must be greater than anticipated inflation d. cold turkey solutions that lead to further inflation must be avoided e. a recession will have to be endured until expectations have been reduced

Economics

What role does population growth play in economic development?

Economics

Currency and checkable deposits are:

A. Assets of the Federal Reserve Banks or of financial institutions B. Redeemable for gold and silver from the Federal Reserve System C. Of intrinsic value which determines the relative worth of money D. The major components of money supply M1

Economics