If the Number of Unemployed Workers Is 19 Million,the Number

question 251

Multiple Choice

If the number of unemployed workers is 19 million,the number in the working-age population is 500 million,and the unemployment rate is 4%,what is the labor force participation rate?

• A)4.75%
• B)7.8%
• C)95%
• D)96.2%

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Definitions:

Electronic Commerce

The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Internet

A global network of computers that provides a wide range of information and communication facilities, including access to websites and other services.

Information Technologies

Systems, software, and equipment designed to store, retrieve, transmit, and manipulate data, significantly influencing the operation of businesses and societies.

Group Decision Support System

A computer-based system designed to aid groups in making decisions, improving the efficiency and effectiveness of team decision-making processes.