Save for Later Submit Quiz Chapter 9 2 of 25 Settir The labo

Save for Later Submit Quiz: Chapter 9 2 of 25 Settir The labor force participation rate is the percentage of the working-age population in the labor force The employment rate The population rate The labor force participation ratelion The unemployment rate The inflation rate 1 lion onomy is 1 1% (Enter your response rounded to one decimal place) Enter your answer in the answer box.

Solution

Labor force participation rate

Formula =( Labor force/working age population)*100

=(113/179)*100

= 63.13%