88.8k views
2 votes
LECTURE 1: MIDTERM QUESTION 3.1 the adult population of Finlandia is 10 million, og which 5 million re employed, 2 million are unemployed, and 0.5 million are discouraged workers and the rest are not currently working and/or not seeking employment. what is the labour force equal in Finlandia?

2 Answers

6 votes

Final answer:

The labor force in Finlandia, based on the given information, is 7.5 million.

Step-by-step explanation:

To find the labor force in Finlandia, we need to add the number of employed, unemployed, and discouraged workers. The given information states that 5 million people are employed, 2 million are unemployed, and 0.5 million are discouraged workers. The labor force is equal to the sum of these three numbers: 5 million + 2 million + 0.5 million = 7.5 million. Therefore, the labor force in Finlandia is 7.5 million.

User Andrei Ivascu
by
7.7k points
3 votes

Final answer:

The labor force in Finlandia is 7.5 million.

Step-by-step explanation:

In this question, we are given the adult population of Finlandia as 10 million. Of this population, 5 million are employed, 2 million are unemployed, and 0.5 million are discouraged workers. The rest of the population is not currently working and/or not seeking employment. To find the labor force, we need to add the number of employed, unemployed, and discouraged workers together.

Labor force = Employed + Unemployed + Discouraged workers

Labor force = 5 million + 2 million + 0.5 million = 7.5 million

Therefore, the labor force in Finlandia is 7.5 million.

User Darklighter
by
8.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.