Suppose There Are 100 Million People in the Labour Force

question 18

Multiple Choice

Suppose there are 100 million people in the labour force, and 6 million unemployed people. During the next month, 200,000 people lose their jobs and 300,000 find jobs. The new total of employed persons is ________ and the new unemployment rate is ________.

• A)94.1 million; 5.9 per cent
• B)93.9 million; 6.1 per cent
• C)100.1 million; 5.8 per cent
• D)100 million; 6.1 per cent

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Definitions:

Anti-drug Program

A program designed to prevent drug abuse and addiction, often through education or rehabilitation.

Democrats

A member or supporter of the Democratic Party, one of the two major political parties in the United States.

Level of Significance

A threshold for determining the statistical significance of an observed effect, indicating the probability of the result occurring by chance.

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Individuals who officially run for the office of the presidency in a country's elections.