Solved

Table 51 Consider the Data Above for a Simple Economy

Question 229

Multiple Choice

Table 5.1 Table 5.1   Consider the data above for a simple economy. -Refer to Table 5.1.The labour force participation rate for this simple economy equals A) (1,000/1,100) × 100 percent. B) (1,000/15,000) × 100 percent. C) (1,100/15,000) × 100 percent. D) (1,100/20,000) × 100 percent. E) (15,000/20,000) × 100 percent. Consider the data above for a simple economy.
-Refer to Table 5.1.The labour force participation rate for this simple economy equals


A) (1,000/1,100) × 100 percent.
B) (1,000/15,000) × 100 percent.
C) (1,100/15,000) × 100 percent.
D) (1,100/20,000) × 100 percent.
E) (15,000/20,000) × 100 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions