Question
From one year to the next, the number of employed people in Country W increases to 11.3million and the population of people over the age
From one year to the next, the number of employed people in Country W increases to 11.3million and the population of people over the age of 15 grows to 20 million. The participation rate grows to 62%. Determine the unemployment rate for Country W.
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
