Question 16 · Introducció a la Macroeconomia UPF 2019

Question 16 (0.25 points). Labor market rate calculations

A country reports the following demographic and labor figures: 90 million people are employed, 10 million are actively seeking employment, 40 million individuals are under age 16, 8 million persons aged 16 or above do not work and have abandoned job search, and 17 million persons aged 16 or above are enrolled as full-time students. Based on these data: