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1)Using the following data, compute the unemployment rate. The civilian population is 200 million. Number of persons employed is 126 million. Unemployed persons is 8
1)Using the following data, compute the unemployment rate. The civilian population is 200 million. Number of persons employed is 126 million. Unemployed persons is 8 million.
2)Using the following data, compute the labor force participation rate. civilian population 200 million. number of employed 120 million. unemployed is 6 million.
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