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Consider the economy whose data appear in the table below. Working-age population 100,000 Labour force population 60,000 Unemployed population 10,000 Instructions: Round your answers to

Consider the economy whose data appear in the table below.

Working-age population 100,000

Labour force population 60,000

Unemployed population 10,000

Instructions:Round your answers to one decimal place.

a. The unemployment rate is%________.

b. The labour-force participation rate is%________.

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