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In 2001 in an imaginary nation of Hoplandia, the total civilian population (16 years and over) was 6,500,000. 5,220,000 people were employed and 350,000 were
In 2001 in an imaginary nation of Hoplandia, the total civilian population (16 years and over) was 6,500,000. 5,220,000 people were employed and 350,000 were unemployed. What were Hoplandia's unemployment rate and labor force participation rate for that year? Group of answer choices 5.4% and 85.7% respectively 6.3% and 85.7% respectively 6.7% and 80.3% respectively 2.8% and 77.2% resepectively
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