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QUESTION 39 Use the following table to answer question The table below uses data for the year 2020 provided by the Bureau of
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Answer #1

Employment ratio = Employed / Working age population * 100

Labor force = Employed + unemployed

Labor force participation rate = Labor force / Working age population * 100

using Excel

Country Adult population Labor force Employed Unemployed Unemployment rate LFP Inflation Employment to population Employment rate
Japan 109474 66010 62510 3500 5.30% 60.30% 0.30% 57.10% 94.70%
France 46804 26870 24293 2577 9.59% 57.41% 1.40% 51.90% 90.41%
Germany 70159 39591 35755 3836 9.69% 56.43% 2.50% 50.96% 90.31%

A is False / Not correct

B is False / Not correct

C is False / Not correct

option D is correct answer ie. None of the above

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