Data for an Economy Shows That the Unemployment Rate Is

question 21

Multiple Choice

Data for an economy shows that the unemployment rate is 6 percent, the participation rate 60 percent, and 200 million people 16 years or older are not in the labor force. How many people are in the working-age population in this economy?

• A) 333 million
• B) 500 million
• C) 800 million
• D) 1.20 billion

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Definitions:

Synesthesia

A condition in which one sense is simultaneously perceived as if by one or more additional senses, such as when seeing sound as colors.

Distal Stimulation

The occurrence of stimuli in the external environment that interact with our sensory organs, leading to perception.

Sensation

How our sensory receptors and nervous system take in and depict energies coming from stimuli in our surroundings.

Absolute Threshold

The minimum intensity of a stimulus that one can detect at least 50% of the time.