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Given that: The number of employed people in an economy is 121,166,640. . The unemployment rate in this economy is 10.4%. The labor force participation rate is 72.5%. a. What is the size of the labor

Given that: The number of employed people in an economy is 121,166,640. . The unemployment rate in this economy is 10.4%. The labor force participation rate is 72.5%. a. What is the size of the labor force? b. How many people are unemployed? c. What is the size of the working-age population?

Problem 3 Given that: The number of employed people in an economy is 121,166,640. . The unemployment rate in this economy is

Jun 05 2021 View more View Less

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