Assume you live in an economy that has a population of, Business Economics

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Assume you live in an economy that has a population of

Assume you live in an economy that has a population of 2,000,000 people over the age of 16. The labor force in your economy is 1,500,000 people and 1,300,000 people are currently working. Calculate the unemployment rate Calculate the employment rate Calculate the labor force participation rate.

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Business Economics: Assume you live in an economy that has a population of

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Business Economics: Assume you live in an economy that has a population of

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