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c) Country Wilkie has a population of 500 million. The working age population is 70% of the population. Out of the labour force of 300

c) Country Wilkie has a population of 500 million. The working age population is 70% of the population. Out of the labour force of 300 million, 30 million people are actively looking for work but not able to get a job yet. Calculate: (i) The labour force participation rate. (2 marks) (ii) The unemployment rate.

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