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:

Motivation

The reason or reasons one has for acting or behaving in a particular way; the driving force behind actions.

Commitment

A binding pledge or dedication to a cause, activity, or goal, often implying a strong emotional or logical attachment.

Problem Solving

A process aimed at overcoming obstacles to achieve a goal or find solutions to complex issues.

Voting

The act of expressing one's choice or opinion in a formal selection process, typically used to make decisions in a group or to elect representatives.