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3. If you find data for a country as follows, what is the official unemployment rate? How does this compare with the current US unemployment

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3. If you find data for a country as follows, what is the official unemployment rate? How does this compare with the current US unemployment rate? Please show your calculation. Institutionalized population 2,000,000; Homemakers 20,000,000 Actively seeking a job 6,000,000; Working part time 20,000,000; Working full time 34,000,000; Students 3,000,000; Retired 2,000,000

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