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Suppose that the unemployment rate 10%, the total working population

Question : Suppose that the unemployment rate 10%, the total working population

Suppose that the unemployment rate is 10%, the total working population is 50 million, and the number of unemployed is 4 million. Determine: (a) the labor force; (b) the labor force participation rate; (c) the number of employed workers; (d) the employment/population ratio.

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Supply Chain Management 7 Months Ago 117 Views
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