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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 25
The Bureau of Labor Statistics reported that in mid-2012 the total labor force was 155 million of a possible 244 million working-age adults.he total number of unemployed was 13 million.rom this information, calculate the following:
a.Labor force participation rate.
b.Unemployment rate.
c.Employment-population ratio.
a.Labor force participation rate.
b.Unemployment rate.
c.Employment-population ratio.
Explanation
Verified
Verified
Given information:
• Labor force = 155 m...
Macroeconomics 9th Edition by David Colander
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