Population in 2021: 330 million Employed in 2021: 152 million Unemployed in 2021: 8 million Ham consumed 2020: 2000 Price of ham 2020: $4 Population 16+ in 2021: 200 million Members of military 2021: 1 million Discouraged workers in 2021: 2 million Cheese consumed 2020: 500 GDP in 2021:$990 billion CPI in 2020 base year 2010:110 Price of cheese in 2020: $2 Using the data in table above, the labor force participation rate in 2021 is: 46.1% 48.5% 76% 80% None of the above

Population in 2021: 330 million Employed in 2021: 152 million Unemployed in 2021: 8 million Ham consumed 2020: 2000 Price of ham 2020: $4 Population 16+ in 2021: 200 million Members of military 2021: 1 million Discouraged workers in 2021: 2 million Cheese consumed 2020: 500 GDP in 2021:$990 billion CPI in 2020 base year 2010:110 Price of cheese in 2020: $2 Using the data in table above, the labor force participation rate in 2021 is: 46.1% 48.5% 76% 80% None of the above

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 31CTQ: As technological change makes us more sedentary and food costs increase, obesity is likely. What...

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Population in 2021: 330 million	Employed in 2021: 152 million
Unemployed in 2021: 8 million	Ham consumed 2020: 2000
Price of ham 2020: $4	Population 16+ in 2021: 200 million
Members of military 2021: 1 million	Discouraged workers in 2021: 2 million
Cheese consumed 2020: 500	GDP in 2021:$990 billion
CPI in 2020 base year 2010:110	Price of cheese in 2020: $2