If the labour force consists of 15,000 people and the working age population is 20,000, what is the labour force participation rate?Multiple choice question.75%43%57%5.7%

If the labour force consists of 6,000 people and the working age population is 10,000, what is the labour force participation rate?Multiple choice question.6%167%1.67%60%

Assume a country has a total population of 20 million, of which 80 per cent are adults. 2.4 million of the adult population is not looking for a job, and 448,000 persons are employed. What is the labour force participation rate?a.5%b.80%c.85%d.95%

Assume a country has a total population of 58 million, of which 70 per cent are part of the working-age population. 16.5 million working-age people are not looking for a job, and 19.4 million are employed. What are the labour force participation rate (LFPR) and the unemployment rate (u)?a.LFPR = 41.6%; u = 19.5%b.LFPR = 59.4%; u = 19.5%c.LFPR = 59.4%; u = 32.8%d.LFPR = 41.6%; u = 32.8%

Data for an economy shows that the unemployment rate is 5%, the participation rate is 60%, and 20 million people 15 years or older are not in the labour force. How many people are unemployed this economy?Group of answer choices1.8 million 1.5 million1.2 million0.6 million

In December of 2022, the population of Australia was 23.7 million, the working-age population was 19.2 million, the total number of people employed was 11.7 million, and the total number of people unemployed was 0.8 million. What was the labour force participation rate? a. 80% b. 57% c. 65% d. 88%