Question
Q1. The Department of Statistic, Malaysia announced that in 2005, of all adult Malaysians, 10,547,500 were employed, 379,100 were unemployed, and 5,628,800 were not in
Q1. The Department of Statistic, Malaysia announced that in 2005, of all adult Malaysians, 10,547,500 were employed, 379,100 were unemployed, and 5,628,800 were not in the labor force. Use this information to calculate:
- The adult population
- The labor force
- The labor-force participation rate
- The unemployment rate
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Microeconomics
Authors: Jeffrey M. Perloff
8th edition
134519531, 978-0134519531
