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Data for an Economy Show That the Unemployment Rate Is

Question 123

Multiple Choice

Data for an economy show that the unemployment rate is 6 percent, the participation rate is 60 percent, and 200 million people 16 years or older are not in the labor force. How many people are in the labor force in this economy?


A) 80 million
B) 120 million
C) 200 million
D) 300 million

Correct Answer:

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