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26 March, 09:20

assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate of 6 percent. how many people were employed

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  1. 26 March, 10:04
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    Answer: 15 million people were employed.

    Explanation:

    Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).

    Mathematically speaking:

    25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people

    15 million people were employed.

    Feel free to ask for more if needed or if you did not understand something.
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