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If the employmentminus−population ratio in 2017 was at the same level as it was in 2006   A. the same number of people would have been working in 2017 as were working in 2006.   B. an additional 8 million people would have been working in 2017 than actually were.   C. 3.5 million fewer people would have been working in 2017 than actually were. D. the number of employed people in 2017 would not have been different.

If the employmentminus−population ratio in 2017 was at the same level as it was in 2006   A. the same number of people would have been working in 2017 as were working in 2006.   B. an additional 8 million people would have been working in 2017 than actually were.   C. 3.5 million fewer people would have been working in 2017 than actually were. D. the number of employed people in 2017 would not have been different.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....
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If the
employmentminus−population
ratio in 2017 was at the same level as it was in 2006
 
A.
the same number of people would have been working in 2017 as were working in 2006.
 
B.
an additional 8 million people would have been working in 2017 than actually were.
 
C.
3.5 million fewer people would have been working in 2017 than actually were.
D.
the number of employed people in 2017 would not have been different.
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