Find the Size of the Civilian Labor Force from the Following

question 143

Multiple Choice

Find the size of the civilian labor force from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000.

• A) 1,425
• B) 1,450
• C) 1,500
• D) 1,525
• E) 2,000

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Definitions:

Liable

Being legally responsible or obligated, often used in the context of bearing the consequences for actions or incurring debts.

Intended

Planned or meant; having intention or purpose.

Tort Action

A lawsuit or legal claim brought forth as a result of a tort, aimed at recovering damages or seeking remedy for harm caused.

Defense

Reasons that a defendant offers in an action or suit as to why the plaintiff should not obtain what he or she is seeking.