Suppose that the U.S. noninstitutional adult population is 230 million and the labor force participation rate is
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Suppose that the U.S. noninstitutional adult population is 230 million and the labor force participation rate is 67 percent.
- What would be the size of the U.S. labor force?
- If 85 million adults are not working, what is the unemployment rate?
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Related Book For
Economics A Contemporary Introduction
ISBN: 9781305505469
11th Edition
Authors: William A. McEachern
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