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%

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