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Q3.(Hint: Please limit your answers to a maximum of two-to-three lines per question) a. Why does full employment imply a positive unemployment rate? b.If the

Q3.(Hint: Please limit your answers to a maximum of two-to-three lines per question)

a. Why does full employment imply a positive unemployment rate?

b.If the unemployment rate rises, it means that the size of the labor force declines.True or false? Explain.

c. Will you as a full-time student be considered employed or unemployed? Where will you be counted in the unemployment calculations?

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