Civilian Civilian Employed Noninstitutional Labor Force Persons Year Population (millions) (millions) (millions) 1 250 200 175 2 400 300 200 3 500 400 350 4 1000 800 720 Refer to Exhibit 6-2. How many persons are not participating in the labor force in year 4? a. 100 million b. 80 million c. 200 million d. 150 million e. 350 million
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The question asks how many persons are not participating in the labor force in year 4. To find this, we need to know the total civilian noninstitutional population and subtract the number of persons in the labor force. Show more…
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Civilian Civilian Employed Noninstitutional Labor Force Persons Year Population (millions) (millions) (millions) 1 250 200 175 2 400 300 200 3 500 400 350 4 1000 800 720 Refer to Exhibit 6-2. How many persons are not participating in the labor force in year 1? a. 175 million b. 75 million c. 200 million d. 25 million e. 50 million
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(1). Suppose 80,000 people are employed, 12,000 are unemployed, and 28,000 are not in the labor force. What does the civilian non-institutional population equal? . (2). Suppose that some country had an adult population of about 50 million, a labor force participation rate of 60 percent , and an unemployment rate of 5 percent, how many people were employed ? A. 47.5 million B. 1.5 million C. 30 million D. 28.5 million
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Suppose the total population older than 16 of Littletown is 400,000. Out of these 400,000 people, 270,000 are employed and 30,000 are unemployed. Then: A) the participation rate is 50%. B) the unemployment rate cannot be determined. C) none of the other answers is correct. D) the labor force is equal to 300,000.
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