Assume you have the following information about an economy: Labor Force of an Economy Number of People (millions) 240.90 Population over age 16 Labor force Not in the labor force Employed Unemployed 152.40 88.50 143.80 8.60 Instructions: Round your answers to two decimal places. a. What is the unemployment rate in this economy? b. What is the labor force participation rate? c. Suppose that 0.9 million currently unemployed workers decide to no longer actively look for work. What is the unemployment rate in this economy now? % d. What is the new labor force participation rate?