Table 9-1
Consider the data above for a simple economy.
-Refer to Table 9-1.The labor force participation rate for this simple economy equals
A) (1,000/1,100) × 100.
B) (1,000/15,000) × 100.
C) (1,100/15,000) × 100.
D) (1,100/20,000) × 100.
Correct Answer:
Verified
Q1: The unemployment rate equals the number of
Q3: The Bureau of Labor Statistics would categorize
Q4: Which of the following cause the unemployment
Q5: Due to lowering its prices to compete
Q6: The labor force participation rate equals the
A)(number
Q7: The Bureau of Labor Statistics would categorize
Q8: Which of the following labor market statistics
Q9: Which of the following cause the unemployment
Q10: If the BLS counted persons that are
Q11: The unemployment rate is an important economic
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