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3. 16 points In March 2021, the United States had a population of approximately 330 million, of which 150,484 million were employed, 9,710 million were
3. 16 points In March 2021, the United States had a population of approximately 330 million, of which 150,484 million were employed, 9,710 million were unemployed. The civilian noninstitutional population age 16 and over was equal to 261,003 million. Based on the data provided, answer the following questions. Be sure to fully explain your answer and to show all of your work. a. What is the size of the potential labor force? b. What is the labor force participation rate? c. What was the unemployment rate? d. What was the employment rate or employment ratio
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