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Suppose the Working Age Population in Tiny Town Is 100

Question 301

Multiple Choice

Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the labor force, the_________ equals________ .

A) unemployment rate; 25/75 × 100
B) labor force; 25/100 × 100
C) unemployment rate; 25/100 × 100
D) labor force; 75

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