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

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%

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%

If the labour force consists of 6,000 people and the working age population is 10,000, what is the labour force participation rate?Multiple choice question.6%167%1.67%60%

A regional city has a total population of 150,000, with 75 per cent being adults. If we assume 15 per cent of the adult population is not looking for a job, and 90 per cent of the remaining adult population is employed, please calculate:(a)  the labour force participation rate;(b) the unemplyment rate.

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