If the number of unemployed equals 125,000 and the number of employed equals 275,000, the labor-force participation rate
A) is 31.2%.
B) is 68.8%.
C) is 75%.
D) cannot be determined from this information.

Question

Quizplus · Accepted Answer

The labor-force participation rate is calculated as the labor force divided by the total population eligible to work. The information provided only gives the number of unemployed and employed, not the total eligible population, so the rate cannot be determined.

If the Number of Unemployed Equals 125,000 and the Number