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Given the following information regarding the economy: Labour Force 800,000 Number Employed 710,000 Adult Population 950,000 Calculate: Unemployment rate The labour force participation rate The

Given the following information regarding the economy:

Labour Force 800,000

Number Employed 710,000

Adult Population 950,000

Calculate:

  1. Unemployment rate
  2. The labour force participation rate
  3. The number of people unemployed

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