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Homework answers / question archive / Assume that a country's total population of people sixteen and over is450 million, and 50 million of them are classified as out of the labor force

Assume that a country's total population of people sixteen and over is450 million, and 50 million of them are classified as out of the labor force

Economics

Assume that a country's total population of people sixteen and over is450 million, and

50 million of them are classified as out of the labor force. The unemployment rate is 

6%.

 

Determine the number of employed people. Enter your answer in millions in the box below.

 

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