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question 31' Congratulations! Your first job as an economist is calculating aggregate employment statistics for Fakesylvania, a small, fictional Central European republic. The latest figures

question 31'

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Congratulations! Your first job as an economist is calculating aggregate employment statistics for Fakesylvania, a small, fictional Central European republic. The latest figures are in, but your subordinates neglected reporting complete information. Civilian, non-institutionalized, working-age 600,000 population Not in labor force 300,000 Unemployed 60,000 Using the U.S. definitions, calculate the following statistics. Very Important: Enter your answer as a percentage without the sign. For example, if your answer is 13.5%, enter in "13.5". If your answer is "5.6%," enter in "5.6". If you don't do this, you won't receive any points. Find the employment-population ratio: Find the labor force participation rate: Find the unemployment rate

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