Determine the unemployment rate for country, Macroeconomics

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Determine the unemployment rate for country

Problem: From one year to the next, the number of employed people in Country W increases to 11.3million and the population of people over the age of 15 grow to 20 million. The participation rate grows to 62%. Determine the unemployment rate for Country W.

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Macroeconomics: Determine the unemployment rate for country

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