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Calculate the unemployment rate, the employment rate, and the participation rate, based on the data in the table. Include the entire mathematical procedure in your
Calculate the unemployment rate, the employment rate, and the participation rate, based on the data in the table. Include the entire mathematical procedure in your answer.
Total population 2,000 people Population not of working age 400 people Economically Inactive Population (EIP) 300 people Employed population 250 people OStep by Step Solution
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