Karen chooses to go to university fulltime rather than to work. karen:


13. Karen chooses to go to university fulltime rather than to work. Karen A. is not part of the labor force B. is part of the

Answer

Ans:

13) Option A

is not part of the labor force

Explanation

Labor force = Employed + Unemployed

Labor force includes only employed and unemployed. Hence persons who are neither employed nor unemployed are not part of labor force. Since Karen chooses to go to university fulltime, is not part of the labor force.

14) Option C

Unemployment rate = 14.4%

Explanation

Labor force = Employed + Unemployed

= 65,400 + 11,000

= 76,400

Unemployment rate = Unemployed / Labor force

= 11,000 / 76,400

= 0.144 or 14.4%

Hottest videos

Leave a Reply

Your email address will not be published.

Related Posts