Suppose the population of Neptune 15 years of age and above is 24,100. Its labor force is 13,900 and its number of employed is 13,000.What is Neptune’s participation rate? Question 14Answer a. 52.45% b. 53.94% c. 57.68% d. 93.53%

Principles of Microeconomics (MindTap Course List)
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Chapter18: The Markets For The Factor Of Production
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Suppose the population of Neptune 15 years of age and above is 24,100. Its labor force is 13,900 and its number of employed is 13,000.

What is Neptune’s participation rate?

Question 14Answer

a.
52.45%
b.
53.94%
c.
57.68%
d.
93.53%
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