Question

The adult population of Barataria is 100,000 people. Of these 100,000 people, 20,000 are not in the labor force. Of the remaining 80,000 people, 16,000 have given up searching for a job and are not actively seeking work, 4,000 are unemployed and actively seeking work, 14,000 work part time, and the remainder are fully employed. There are _____ people employed in the Baratarian economy. Please choose the correct answer from the following choices, and then select the submit answer button.

Answer 1

There are 60,000 people employed in the Baratarian economy.

Step-by-step explanation:

The adult population of Barataria is 100,000 people.

20,000 are not in the labor force.

The number of discouraged workers is 16,000.

The discouraged workers are not included in labor force.

The number of people unemployed is 4,000.

14,000 work part time, and the remainder are fully employed.

The labor force

= 100,000 - 20,000 - 16,000

= 64,000

The number of people employed

= 64,000 - 4,000

= 60,000