Assume that a country's working-age population is 104.7 million people and the participation rate is 66.7%. The working-age population is expected to grow by .7% per year for the next ten years. During that time, the participation rate is expected to drop to 65.9%. A. How many people will be part of the labor force in ten years? B. How fast will the labor force grow during this time period? Your answer should be a compound annual growth rate.

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