If the Population Is 300 Million, with 70 Million Under

question 16

Multiple Choice

If the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labor force, 10 million unemployed, and 150 million employed, the employment-to-population rate is

• A) 53.3 percent.
• B) 65.2 percent.
• C) 46.7 percent.
• D) 87.5 percent.

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Definitions:

Fiscal Period

A set timeframe used for accounting purposes, during which a company will record and report financial performance, typically a quarter or year.

Total Cost of Borrowing

This is the overall amount paid by a borrower over the life of a loan, including interest, fees, and any other charges.

Issued at a Discount

When bonds or other securities are sold for less than their face value upon issuance.

Issued at a Premium

Refers to the situation where securities, such as bonds, are sold for a price above their face value.