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Assume that three years ago; the total labor force of a country was 7,700,000 people and the number of people who were cyclically unemployed was
Assume that three years ago; the total labor force of a country was 7,700,000 people and the number of people who were cyclically unemployed was 385,000 people. This year, the cyclical unemployment rate is 1.5 times greater than three years ago while the number of people in the labor force is now 6,300,000 people. Calculate the number of people who are currently cyclically unemployed. Round your intermediate calculations to two decimal places if necessary. Round your answer to the nearest whole number if necessary. Keypad Answer 2 Points
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