3. Assume that a country's workin gage population is 91 million people and the participation rate is 63%. The

working-age population is expected to grow by .9% per year for the next ten years. During that time, the participation

rate is expected to drop to 61.9%.

A. How many people will be part of the labor force in ten years?

B. How fast will the labor force grow during th

is time period? Your answer should be a

compound annual growth rate.