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please see attached Question 9 [8 points] Suppose the economy represented by the table below had a population 0126,600 in 2025: a) What were the

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Question 9 [8 points] Suppose the economy represented by the table below had a population 0126,600 in 2025: a) What were the participation and employment rates in the economy in the year 2025'? Note: Keep as much precision as possible during your calculations. Yournal answer should be accurate to at least two decimal places. What is the participation late in the year 2025? I % What is the employment rate in the year 2025? I it. b} Suppose a mild recession in the year 2025 discouraged some unemployed workers and they stop looking for work. As a result. the participation rate fell to 55.88 percent. How would the unemployment rate and the employment rate be affected? Why? The unemployment rate will: _ The employment rate will: _

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