Consider an Economy Made Up of 100 People,60 of Whom

question 189

Multiple Choice

Consider an economy made up of 100 people,60 of whom hold jobs,10 of whom are looking for work,and 15 of whom are retired.The labor force participation rate is

• A)10%
• B)25%
• C)60%
• D)70%
• E)90%

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Definitions:

Identity

The condition or character as to who a person or what a thing is; a distinctive characteristic defining individuals or groups.

DNA

Deoxyribonucleic acid, the hereditary material in humans and almost all other organisms that contains the instructions necessary for building and maintaining an organism.

Gene

Section of DNA having the same arrangement of chemical elements.

Amine

Organic compounds derived from ammonia by replacement of one or more hydrogen atoms by hydrocarbon or other radicals; they play essential roles in biology as building blocks of proteins and neurotransmitters.