How many people are unemployed if the employment ratio is 75%, there are 90 million people employed, and there are 20 million people not in the labor force?

A. 20 million
B. 10 million
C. 0 million
D. 5 million


Answer: B

Economics

You might also like to view...

The above table has the total revenue and total cost schedule for Omar, a perfectly competitive grower of rutabagas. Omar's total profit is maximized when he produces ________ bushels of rutabagas

A) 3 B) 5 C) 6 D) 8 E) 7

Economics

The sum of the squares of the market share for the fifty largest firms in a market is the basis of the government's current merger guidelines

Indicate whether the statement is true or false

Economics

Which of the following is the best example of an automatic stabilizer?

a. Welfare payments. b. Foreign aid c. Defense spending. d. Highway construction.

Economics

Human capital is the equipment and machinery used directly by workers

a. True b. False

Economics