Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that a country's total population of people sixteen and over is74million;54million are employed,3 million are unemployed, and the remainder is either retired or not

Assume that a country's total population of people sixteen and over is74million;54million are employed,3 million are unemployed, and the remainder is either retired or not looking for a job.

Determine the percentage of those out of the labor force. Enter your answer in the box below and round to one decimal place if necessary.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Business Today

Authors: Charles W. L. Hill Dr, G. Tomas M. Hult

10th edition

1259686698, 978-1259686696

More Books

Students also viewed these Economics questions

Question

5. Give some examples of hidden knowledge.

Answered: 1 week ago