1. Assume that a survey of households revealed that the non-institutional population 16 years and older is 250 million. Of that group, 100 million are working full-time and 50 million are working part-time. 15 million of the part-time workers said that they would prefer to be working full-time while the other 35 million prefer to be working part-time. Of the people who are not working, 11 million said that they want to work. All 11 million had either gone to a job interview or submitted a resume during the last year, but only 5 million had done so during the past month. Given this information, find the a. unemployment rate b. labor force participation rate . ub measure of labor utilization