1 5 Civilian Popuation LF Participation Rate 130,000 90% 125,000 120,000 85% 115,000 110,000 80% 105,000 100,000 75% 95,000 90,000 70% 0 1 5 6 0 3 Year Year Employment Annual Real Wage 91,000 21,000 88,000 20,000 85,000 19,000 82,000 79,000 18,000 76,000 17,000 73,000 70,000 16,000 67,000 15,000 2 3 5 Year Year The government of a newly established small nation has hired you as an economic consultant to look into their labor market conditions. The country has some some fragmented macroeconomic data for the past five years presented in the above graphs. The size of the labor force in this country in Year 2 was persons. 1 5) Civilian Popuation LF Participation Rate 130,000 90% 125,000 120,000 85% 115,000 110,000 80% 105,000 100,000 75% 95,000 90,000 70% 0 1 2 5 6 3 Year Year Employment Annual Real Wage 91,000 21,000 88,000 20,000 85,000 19,000 82,000 79,000 18,000 76,000 17,000 73,000 70,000 16,000 67,000 15,000 Year Year The government of a newly established small nation has hired you as an economic consultant to look into their labor market conditions. The country has some some fragmented macroeconomic data for the past five years presented in the above graphs. In year 2, percent of the labor force was unemployed