Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 28 - Part IX - Unemployment - Quick Check Multiple Choice - Page 605: 2

Answer

c. 70

Work Step by Step

The labor force is the sum of the employed and the unemployed. The 40 full-time workers, the 20 part-time workers, and the 10 unemployed workers add up to a labor force of 70 people.
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