If the labor force is 200 million and 4 million are unemployed then the employment rate isSelect one:a.98%.O b. 96%.О с.6%.O d. 4%.e here to search

‘Employment rate’ is basically the ‘employment to population ratio’. The better the ‘employment…

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Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 13RQ: What happens to the labor force participation rate when employed individuals are reclassified as...

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If the labor force is 200 million and 4 million are unemployed then the employment rate is
Select one:
a.
98%.
O b. 96%.
О с.
6%.
O d. 4%.
e here to search

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