Suppose that the labor force participate rate is 79 the


Suppose that the labor force participate rate is 79%, the total working-age population is 100 million, and the number of unemployed is 2.5 million. Determine: (i) the labor force; (ii) the number of employed workers; (iii) the unemployment rate; and (iv) the employment/population ratio.

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Business Economics: Suppose that the labor force participate rate is 79 the
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