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1. The current adult population of an economy is 20,000. 50% of the adult population is in the labor force. There are 600 unemployed workers.

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1. The current adult population of an economy is 20,000. 50% of the adult population is in the labor force. There are 600 unemployed workers. a. What is the unemployment rate? b. Over the next 6 months, 50 workers retire, 100 unemployed workers give up and leave the labor force 150 people enter the labor force. 100 new jobs are created What is the new unemployment rate

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