Table: Demographic Data Refer to the Table

question 31

Essay

Table: Demographic Data $$\begin{array} { l c } \hline \text { Overall population } & \mathbf { 6 0 0 } \text { million } \\\hline \text { Population } 65 \text { years or older } & 82 \text { million } \\\text { Population younger than } 16 \text { years } & 71 \text { million } \\\text { Unemployed persons } & 20 \text { million } \\\text { Employed persons } & 330 \text { million } \\\text { Discouraged workers } & 25 \text { million } \\\hline\end{array}$$
Refer to the table. Use these data to calculate the total labor force, the labor force participation rate, and the unemployment rate.

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Definitions:

Officer Of The Corporation

A high-level management official within a corporation, usually appointed by the board of directors, responsible for day-to-day operations and implementing corporate policies.

Shareholder's Loan

Money lent to a corporation by its shareholders, which is sometimes considered a part of the equity of the business.

Annual Returns

Financial documents that corporations must file yearly, detailing their operational performance, financial status, and other critical information.

Bankruptcy

A legal process intended for individuals or entities that are unable to repay their outstanding debts, allowing them to be absolved through various means.