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15)Suppose that you are given thefollowing information: Total Population 300 million Adult, noninstitutionalized, nonmilitary population 201 million Unemployed adults 7 million A) If the labor
15)Suppose that you are given thefollowing information:
Total Population 300 million
Adult, noninstitutionalized, nonmilitary population 201 million
Unemployed adults 7 million
A)If the labor force participation rate is6.0 %,calculate the size of thelabor force132.7million.
(Enter your response rounded to onedecimal place.)
B)Determine the number ofEmployedadults:million(Enter your response rounded to one decimalplace.)
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