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Homework answers / question archive / Suppose that you are given the following information:    Total Population  300 million  Adult, noninstitutionalized, nonmilitary population 201 million  Unemployed adults 7 million  a

Suppose that you are given the following information:    Total Population  300 million  Adult, noninstitutionalized, nonmilitary population 201 million  Unemployed adults 7 million  a

Economics

Suppose that you are given the following information: 

 

Total Population  300 million 

Adult, noninstitutionalized, nonmilitary population 201 million 

Unemployed adults 7 million 

a. If the labor force participation rate is 66.0 %, calculate the size of the labor force _____million.   

(Enter your response rounded to one decimal place.)

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