In Country X, the population is 100 million, 60 million people are employed, 5 million are not employed and looking for work, and 35 million are not employed and not looking for work. What is the labor force in Country X?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 26CTQ: Is it possible to protect workers from losing their jobs without distorting the labor market?
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In Country X, the population is 100 million, 60 million people are employed, 5 million are not employed and looking for work, and
35 million are not employed and not looking for work.
What is the labor force in Country X?
Transcribed Image Text:In Country X, the population is 100 million, 60 million people are employed, 5 million are not employed and looking for work, and 35 million are not employed and not looking for work. What is the labor force in Country X?
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