Use the Following Table to Answer the Questions That Follow

question 36

Multiple Choice

Use the following table to answer the questions that follow.

-According to the table,the labor-force participation rate in this economy is equal to:

• A) 4.9%.
• B) 92.2%.
• C) 63.4%.
• D) 7.8%.
• E) 8.5%.

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Definitions:

Middlemen

People who buy and sell goods or services or arrange trades. A middleman reduces transaction costs.

Transaction Costs

Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.

Internet

A global network connecting millions of computers, enabling the exchange of data, news, and opinions.

Transaction Costs

The expenses incurred when buying or selling goods or services, beyond the price of the goods.