This question is based on the following information about Rugrats: (The data below represents only Rugrats, of Winnecut, who are over the age of 16.) 10,000 Rugrats live in Winnecut 7000 Rugrats are employed 2000 Rugrats are not employed and are not looking for work 1000 Rugrats are not employed, but are looking and available for work   The labor force participation rate in Winnecut is:     12.5%         20%       70%       80%

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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123.) This question is based on the following information about Rugrats: (The data below represents only Rugrats, of Winnecut, who are over the age of 16.)

10,000 Rugrats live in Winnecut

7000 Rugrats are employed

2000 Rugrats are not employed and are not looking for work

1000 Rugrats are not employed, but are looking and available for work

 

The labor force participation rate in Winnecut is:

   

12.5%

 

 

   

20%

 

   

70%

 

   

80%

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