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7. Calculate the unemployment rate and the labor force participation rate in the following cases: a. Country A- Employed: 108 million. Adult population: 200 million.

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7. Calculate the unemployment rate and the labor force participation rate in the following cases: a. Country A- Employed: 108 million. Adult population: 200 million. In labor force: 120 million. b. Country BIn labor force: 150 million. Adult population: 200 mlion. Unemployed: 7.5 million. c. Country (3- In labor force: 30 million. Adult population: 120 million. Unemployed: 6 million. d. Which of the three countries above (A, B, and C) are experiencing frictional and structural unemployment? Explain your answer. e. Which of the three countries above (A, B, and C) is likely to have the highest GDP? Which is likely to have the lowest GDP. Explain your answers

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