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INTRODUCTION TO ECONOMICS II 3. In a country number of employed is 27 million, number of unemployed is 3 million and population(+16 years old) is

INTRODUCTION TO ECONOMICS II

3. In a country number of employed is 27 million, number of unemployed is 3 million and population(+16 years old) is 60 million. According to this; a) Calculate the unemploymentrate. b) Calculate the laborforce participation rate

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