Back Question 15 Not yet answered Marked out of 100 Flag question What is meant by the participation rate? a. The percentage of the population who are in the labour force. b. The percentage of the population who are in the working age population. All of the other choices for this question (except for None of the other choice d. The percentage of the labour force who are employed. e. The percentage of the working age population who are in the labour force. None of the other choices for this question
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Step 1: The participation rate is the percentage of the population who are in the labour force. Show more…
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34. The fraction of the working-age population that is in the labor force is called the: A. employment rate. B. unemployment rate. C. labor force participation rate. D. nonresponse rate.
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The labor force participation rate is the number of people in the labor force divided by the number of people in the country who are of working age and not institutionalized. The BLS reported in February 2012 that the labor force participation rate in the United States was 66.3%. A marketing company asks 130 working-age people if they either have a job or are looking for a job, or, in other words, whether they are in the labor force. What are the expected value and the standard error for a labor participation rate in the company's sample? Multiple Choice 0.663 and 0.0415 0.663 and 0.0019 76.44 and 0.0019 76.44 and 0.0415
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The labor force participation rate is the number of people in the labor force divided by the number of people in the country who are of working age and not institutionalized. The BLS reported in February 2012 that the labor force participation rate in the United States was 65.6%. A marketing company asks 150 working-age people if they either have a job or are looking for a job, or, in other words, whether they are in the labor force. What are the expected value and the standard error for a labor participation rate in the company's sample? Multiple Choice 76.44 and 0.0019 0.656 and 0.0388 76.44 and 0.0388 0.656 and 0.0019
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