Which of the Following Equations Represents the Labor-Force Participation Rate

question 194

Multiple Choice

Which of the following equations represents the labor-force participation rate?

• A) (number of unemployed / labor force) × 100
• B) unemployed + employed
• C) (number of employed / labor force) × 100
• D) (number of unemployed / relevant population) × 100
• E) (labor force / relevant population) × 100

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Definitions:

Lobbying Agency

An organization that advocates on behalf of a group or individual to influence public policy and decisions.

Value-Chain Analysis

Value-Chain Analysis involves examining the steps involved in producing a product or providing a service to optimize the value delivered to customers and increase efficiency.

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A set of skills, talents, and activities in which a firm is particularly strong.

Porter

A person employed to carry luggage and other loads, especially in a railroad station, airport, or hotel.