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Assume the following information about a country for the following problems: The total adult population equals 600 million; The number of civilians employed is 370 million; The number of civilians unemployed is 40 million ? ?Refer to Exhibit 1
Assume the following information about a country for the following problems:
The total adult population equals 600 million;
The number of civilians employed is 370 million;
The number of civilians unemployed is 40 million
?
?Refer to Exhibit 1. The number of people considered to be out of the labor force is:
Group of answer choices
?370 million.
?200 million.
?190 million.
?170 million.
Expert Solution
Out of the labor force population=total adult population -employed-unemployed
=600- 370- 40
= 190 million
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