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QUESTION 3: An economy has three people working full-time, one unemployed and looking for work, one discouraged worker and one working part-time. Answer the next

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QUESTION 3: An economy has three people working full-time, one unemployed and looking for work, one discouraged worker and one working part-time. Answer the next two questions based on this data. What is the unemployment rate? A. 4/6 B 1/6 1/5 D 2/6 What is the labor force participation rate? A. 4/5 B. 5/6 C 1/6 D. 2/6

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