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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Self-Quiz Unit 2

Self-Quiz Unit 2

Q Question 1 Incorrect Mark 0.00 out of 1.00 Flag question Question text If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment rate is 4%, what is the labor force participation rate? Question 2 Correct Mark 1.00 out of 1.00 Flag question Question text If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment rate is 4%, how many workers are in the labor force? Question 3 Correct Mark 1.00 out of 1.00 Flag question Question text An increase in labor productivityQuestion 4 Correct Mark 1.00 out of 1.00 Flag question Question text Workers in high-income countries have ________ to work with than do workers in low-income countries. Question 5 Correct Mark 1.00 out of 1.00 Flag question Question text If the number of unemployed workers is 200 million, and the number in the labor force is 500 million, what is the unemployment rate?

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1.The correct answer is: 95% 2.The correct answer is: 475 million 3.The correct answer is: allows the average consumer to increase consumption. 4.The correct answer is: more physical capital 5.The correct answer is: 40%