$\text { *All numbers are in millions }$ Table 64
Population and Employment in Nationland What Was the Labor

question 146

Multiple Choice

$\begin{array}{|l|c|c|c|}\hline & 1999 & 2000 & 2001 \\\hline \text { Population } & 100 & 110 & 125 \\\hline \text { Employed } & 65 & 70 & 80 \\\hline \text { Unemployed } & 5 & 10 & 20 \\\hline \text { Discouraged Workers } & 2 & 3 & 5 \\\hline\end{array}$
$\text { *All numbers are in millions }$

Table 6.4
Population and Employment in Nationland What was the labor force participation rate in Nationland in 2000?

• A)67.0 percent.
• B)65.0 percent.
• C)72.0 percent.
• D)72.7 percent.

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Definitions:

Future Consumption

Anticipated use of goods and services in future periods, often considered in decisions about saving and investing.

Allocate Income

The process of assigning or distributing financial resources or earnings among different uses or investments.

Limited Incomes

The situation where individuals or households have a restriction on the amount of money they receive, impacting their spending and savings behavior.

Leisure

Time spent away from work and essential activities where individuals engage in recreation or enjoyment.