EMPLOYMENT INFORMATION Labor force participation rate 50% Total population 16 years of age and older 210 million Unemployment rate 5% Referring to the employment information above, the size of the labor force O equals 105 million. equals 65 million. O equals 75.5 million. equals 150 million.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 7CQ
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EMPLOYMENT INFORMATION
Labor force participation rate
50%
Total population 16 years of age and older 210 million
Unemployment rate
5%
Referring to the employment information above, the size of the labor force
equals 105 million.
equals 65 million.
equals 75.5 million.
equals 150 million.
Transcribed Image Text:EMPLOYMENT INFORMATION Labor force participation rate 50% Total population 16 years of age and older 210 million Unemployment rate 5% Referring to the employment information above, the size of the labor force equals 105 million. equals 65 million. equals 75.5 million. equals 150 million.
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