Solved: Calculate the unemployment rate and the labor force, Macroeconomics

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Calculate the unemployment rate and the labor force

Problem

Suppose that the adult population is 210 million, and there are 130 million who are employed and 5 million who are unemployed. Calculate the unemployment rate and the labor force participation rate.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Calculate the unemployment rate and the labor force

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Macroeconomics: Calculate the unemployment rate and the labor force

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