Exhibit 10-2 Assume the Following Information About a Country for the Following

question 28

Multiple Choice

Exhibit 10-2
Assume the following information about a country for the following problems:
The total adult population equals 580 million;
The number of civilians employed is 360 million;
The number of civilians unemployed is 30 million
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-Refer to Exhibit 10-2. According to the data provided, ____ people constitute the labor force.

• A)​200 million.
• B)​390 million
• C)​170 million.
• D)​360 million.

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Definitions:

Stock Holdings

The shares of stock that an individual or institution owns in various companies.

Stock Market

A public market for buying, selling, and trading company shares and securities.

Long-term Real Rate

The interest rate on a long-term loan or investment, adjusted for the effects of inflation, reflecting the real cost of borrowing or the real yield on an investment.

Bonds

Fixed-income securities where an investor loans money to an entity (corporate or sovereign) which borrows the funds for a defined period of time at a variable or fixed interest rate.