If the Number Employed Is 11 Million, the Number Unemployed

question 84

Multiple Choice

If the number employed is 11 million, the number unemployed is 0.6 million, and the working-age population is 16 million, then the labour force participation rate is:

• A)65.0%.
• B)72.5%.
• C)68.75%.
• D)71.4%.

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Definitions:

Indirect NCI

Is a concept related to non-controlling interest (NCI) that involves the indirect ownership stake of a parent company in a subsidiary through its interest in another subsidiary.

Direct NCI

Refers to the non-controlling interest that is directly attributable to a parent company's ownership in a subsidiary.

Economic Entity

An organization or unit in society that has the ability to conduct economic activities, such as businesses or governments.

Indirect Non-Controlling Interest

A stake in a company held through another holding, offering a non-direct route of control or influence over the business operations of the subsidiary.