If U represents the number of unemployed persons,E the number of unemployed persons,and N the number in the potential labor force that are neither unemployed nor employed,the labor force participation rate can be found as:
A)U + E
B)E/(U + E)
C) (U + E)/(E + N)
D) (U + E)/(U + E + N)

Question

Quizplus · Accepted Answer

The labor force participation rate is defined as the number of people in the labor force (employed and unemployed) divided by the total number of people in the potential labor force. 
In other words, it is (U + E)/(U + E + N). This is equivalent to choice D.

If U Represents the Number of Unemployed Persons,E the Number