Transcription of UNIT 2 Macroeconomics Answer Key - Denton ISD
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advanced placement Economics Teacher Resource Manual National Council on economic Education,New York, Broad economic GoalsPart AMeasuring EmploymentThe unemployment rate(UR) is defined asnumber ofunemployedUR = _____x 100labor forceThe labor force participation rate(LFPR) is defined as:number in labor forceLFPR =_____x 100adult populationHow well has the met the goal offull employment? Use the formulas just given to fill inthe last three columns ofFigure ofthe population and labor-force data are in Employment 1960 to 2000 CivilianNoninstitutionalPopulationLabor ForceAged 16 Civilian Labor ForceeeiUnemploymentParticipation_____Ye arand which year was the economy very close to full employment as indicated in the Humphrey-Hawkins Act?
400 Advanced Placement Economics Teacher Resource Manual © National Council on Economic Education, New York, N.Y. 2 Macroeconomics LESSON 2 ACTIVITY 11 Answer Key UNIT Part B
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