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Question 18 (5 points) )Listen The economy has part time workers of 30 million people, and full time workers of 120 million people. There are

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Question 18 (5 points) )Listen The economy has part time workers of 30 million people, and full time workers of 120 million people. There are 10 million who have no job and search for one. Lastly, 10 million who have no job but stop searching while waiting for a positive mood in the economy. The unemployment rate in the economy is _%. (Your answer should include the first decimal point if there is.) Your Answer: Answer Question 19 (5 points) ) Listen Suppose the economy has a population of 20 million people and a labor force participation rate of 50%. Furthermore, suppose the natural rate of unemployment in the economy is 8%. If the current number of unemployed people is 1 million people, what is the rate of cyclical unemployment rate? Answer: % (Cut off at the first decimal point.) Your

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