The total adult population of an economy is 175 million, the number of employed is 122 million, and the number of unemployed is 17 million. The percentage of adults who are not in the labor force is
A. 30.3%.
B. 13.9%.
C. 20.6%.
D. 25.3%.
Answer: C
You might also like to view...
From the end of the World War II, the debt-GDP ratio in the United States fell almost without interruption to a low point in ________, which marked the beginning of a long-run climb
A) 1955 B) 1962 C) 1974 D) 1984 E) 1990
A country has domestic investment of $200 billion. Its citizens purchase $600 of foreign assets and foreign citizens purchase $300 of its assets. What is national saving?
a. $400 billion b. $500 billion c. $600 billion d. $800 billion
________________ is defined as "an unconscionable or exorbitant rate of interest."
Fill in the blank(s) with the appropriate word(s).
Stagflation refers to a situation in which the economy is experiencing:
A. high economic growth and high inflation. B. low economic growth and high inflation. C. high economic growth and low inflation. D. low economic growth and low inflation.