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Question 5(Mandatory) Consider the following information regarding the working-age population for an economy: Employed: 10,000K Unemployed: 1,000K Not in labor force: 9,000K What is the
Question 5(Mandatory)
Consider the following information regarding the working-age population for an economy:
Employed: 10,000K
Unemployed: 1,000K
Not in labor force: 9,000K
What is the economy's labor force participation rate?
Question 5 options:
A)
45.0%
B)
52.6%
C)
55.0%
D)
90.1%
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