If the Labor Force Is 200 Million and 4 Million

question 90

Multiple Choice

If the labor force is 200 million and 4 million are unemployed then the employment rate is

• A) 4%.
• B) 6%.
• C) 96%.
• D) 98%.

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Definitions:

Sources

The origins or points of origin from which something comes, such as information, materials, or evidence.

Knowledge-based Economy

An economic system where growth is dependent on the quantity, quality, and accessibility of information, rather than the means of production.

Expert Power

The influence a person has over others due to their expertise, skills, or knowledge.

Industrial

Related to the production and manufacturing of goods in an organized and systematic manner for economic purposes.