(1). Suppose 80,000 people are employed, 12,000 are unemployed,
and 28,000 are not in the labor force. What does the civilian
non-institutional population equal?
.
(2). Suppose that some country had an adult population of about
50 million, a labor force participation rate of 60 percent , and an
unemployment rate of 5 percent, how many people were employed ?
A. 47.5 million
B. 1.5 million
C. 30 million
D. 28.5 million