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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 4
The Bureau of Labor Statistics announced that in January 2013, of all adult Americans, 143,322,000 were employed, 12,332,000 were unemployed, and 89,008,000 were not in the labor force. Use this information to calculate:
a. the adult population
b. the labor force
c. the labor-force participation rate
d. the unemployment rate
a. the adult population
b. the labor force
c. the labor-force participation rate
d. the unemployment rate
Explanation
Verified
Verified
a.
Total adult population:
Total adult...
Essentials of Economics 7th Edition by Gregory Mankiw
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