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3. Bedford Falls is a nation with 1,000 people. There are twenty people in their military, five are incarcerated for criminal activity, forty are retired

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3. Bedford Falls is a nation with 1,000 people. There are twenty people in their military, five are incarcerated for criminal activity, forty are retired and 135 are under the age of sixteen. Of the remaining people, two hundred are either college students, stay-at-home parents, or those staying at home to write a novel. Of these that remain, fifty are not working, but looking for work, and the rest are working a. What is the labor force participation rate for Bedford Falls? b. What is the unemployment rate for Bedford Falls? c. What is the employment-population ratio for Bedford Falls

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