The labor force participation rate gives us the percentage of the population that is willing to work.Group of answer choicesTrueFalse

Assume a country has a total population of 58 million, of which 70 per cent are part of the working-age population. 16.5 million working-age people are not looking for a job, and 19.4 million are employed. What are the labour force participation rate (LFPR) and the unemployment rate (u)?a.LFPR = 59.4%; u = 19.5%b.LFPR = 59.4%; u = 32.8%c.LFPR = 41.6%; u = 32.8%d.LFPR = 41.6%; u = 19.5%

Assume a country has a total population of 20 million, of which 80 per cent are adults. 2.4 million of the adult population is not looking for a job, and 448,000 persons are employed. What is the labour force participation rate?a.5%b.80%c.85%d.95%

If the number of unemployed equals 125,000 and the number of employed equals 275,000, the labor-force participation rateChoose one answer from the options below.is 31.2%is 68.8%is 75%cannot be determined from this information.

Which of the following represents the participation rate?Question 4Select one:a.the ratio of the labour force to the total number of employed and unemployed workersb.the ratio of the number employed to the size of the labour forcec.the ratio of the labour force to the civilian non-institutional populationd.the ratio of the employed to the civilian non-institutional population

If the city has a total population of 200 million, 80% are adults. 125 million workers are employed, and 10 million workers are unemployed. Then, the labour force participation rate (LEPR) equals (rounded to one decimal place)