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The Woodland Republic's Population Secretariat published the following information in 2021: Total population: 30 million Labor force: 80% of the total population Employed population: 21.5
- The Woodland Republic's Population Secretariat published the following information in 2021:
- Total population: 30 million
- Labor force: 80% of the total population
- Employed population: 21.5 million
Use the information provided to answer the following questions:
- Calculate the population that is excluded from the labour force in Woodland Republic in 2021 and indicate at least four sectors that are excluded from labour force. (2 Marks)
- Calculate the Woodland Republic's unemployment rate in 2021.
02. Use the figure below to answer the questions that follow.
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
