In June 2009 the Bureau of Labor Statistics Reported a U.S.foreign-Born

question 122

Multiple Choice

In June 2009 the Bureau of Labor Statistics reported a U.S.foreign-born population of 35.3 million.Of these,22.7 million were employed and 1.4 million were unemployed.Based on these numbers what were the unemployment rate and the labor-force participation rate of the foreign-born U.S.population?

• A)1.4/35.3 and 22.7/35.3
• B)1.4/35.3 and 24.1/35.3
• C)1.4/24.1 and 22.7/24.1
• D)None of the above is correct.

---

Definitions:

Human Capital Investment

The process of increasing the value of a workforce through education, training, and health improvements.

Technologies

The application of scientific knowledge for practical purposes, especially in industry and everyday life.

Resource Endowments

The natural resources, capital, and human skills that a country or region possess, which can influence its economic development and trade patterns.

IACs

Industrialized Advanced Countries, a term sometimes used to refer to economically developed countries with high levels of industrialization.