1. Suppose the population of Etrusca is 20 million, the workingage population is 15 million, the number...

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1. Suppose the population of Etrusca is 20 million, the workingage population is 15 million, the number of employed is 9 million, and the number of unemployed is 1 million.

a) What is the size of the labour force?

b) What is the participation rate?

c) What is the unemployment rate?

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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Question Posted: Nov 11, 2024 02:00 AM

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1. Suppose the population of Etrusca is 20 million, the workingage population is 15 million, the number...

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Principles Of Macroeconomics

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