Ask Question
BusinessBusiness
18 December, 23:11

assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate of 6 percent. how many people were employed

+3
Answers (1)
  1. 18 December, 23:18
    0
    Answer: 15 million people were employed.

    Explanation:

    Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).

    Mathematically speaking:

    25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people

    15 million people were employed.

    Feel free to ask for more if needed or if you did not understand something.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate of 6 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Mary is filing Head of Household with a taxable income of $79,280. What is her income tax for Marks: 1 2018? Choose one answer. O O a. $11,989 b. $13,380 O c. $9,320 O d. $11,978
Answers (1)
Multinational enterprises (MNEs) are firms, both for profit companies and not-for-profit organizations, that have operations in more than one country, and conduct their business through foreign subsidiaries, branches, or joint ventures with host
Answers (1)
Which of the following is true of diversity in the workplace? Multiple Choice Fewer American employees are working as expatriates in foreign countries. An increasingly diverse workforce decreases the economic output of a country.
Answers (1)
If we want to construct a 95% confidence interval for the average battery life for smartphone c users that extends at most 2 hours on each side of the mean, how many users do we need to survey?
Answers (1)
Managers can quickly forecast the total contribution margin by multiplying the A) projected sales revenue by the contribution margin ratio. B) projected sales revenue by the unit contribution margin.
Answers (1)
New Questions in Business
Hitzu Co. sold a copier (that costs $7,500) for $15,000 cash with a two-year parts warranty to a customer on August 16 of Year 1. Hitzu expects warranty costs to be 5% of dollar sales.
Answers (1)
If it becomes less expensive to travel overseas from the United States, American tourists will benefit from the fact that tourist sites are getting crowded and dirty. the US dollar has become stronger. prices of foreign goods are rising.
Answers (1)
What are some elements that might be changed in a long-run production period?
Answers (1)
In the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day.
Answers (1)
Had columbus's voyage acquired wealth for spain, he was supposed to keep what amount?
Answers (1)
Home » Business » assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate of 6 percent. how many people were employed
Sign Up Forgot Password?