2. The total population of Country A can be categorized as follows: 110 people are employed part-time, by choice 120 people are employed part-time, but would prefer to work full-time 130 people are employed full-time 50 students are working in part-time, work-study positions 40 people are not employed but are actively seeking work 30 people are not working and are not looking for a job 10 people are considered discouraged workers 35 people are marginally-attached 60 people are under age 16 15 people are retired, not working and not looking for work a. What is the size of the total labor force in Country A? b. The (U3) unemployment rate is equal to c. Is this economy "fully-employed" according to the U.S. definition? Why or why not? d. How would the "US" definition of unemployment differ from your answer to question #3? [Note: You do not have to calculate U6.] e. True or False. Underemployed individuals are counted as "employed" even though they are not fully using their skills. Justify your answer. f. True or False. Cyclical unemployment is a result of recessions and economic downturns and is not considered part of the natural rate of unemployment. Justify your answer. g. Calculate the labor force participation rate (LFPR) using the numbers above. h. Give an example (real or hypothetical) of structural unemployment