Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The country of Pathos has a population of 200 and 160 of those are adults. Of the adults, 110 are working and 10 are looking

The country of Pathos has a population of 200 and 160 of those are adults. Of the adults, 110 are working and 10 are looking for work and 40 are either retired or staying at home watching their children. What is the labor force participation rate of Pathos?

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

Microeconomics Principles, Problems and Policies

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

20th edition

978-0077660819, 77660811, 978-1259450242

More Books

Students also viewed these Economics questions

Question

2. To store it and

Answered: 1 week ago