In a Country with a Working-Age Population of 22 Million

question 5

Multiple Choice

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The employment-to-population ratio is

• A)72.7 percent.
• B)65 percent.
• C)75.5 percent.
• D)57.5 percent.
• E)16 percent.

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Definitions:

Collect Funds

To collect funds means to gather or accumulate money from various sources, often in the context of payments or fundraising activities.

Debit Card

A payment card that deducts money directly from a consumer’s checking account to pay for a purchase.

Zero-balance Account

A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an exact amount to cover checks presented.