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Question 41 The total number of unemployed individuals in an economy is equal to 595. The total number of employed is 14,100, and the working-age

Question 41

The total number of unemployed individuals in an economy is equal to 595. The total number of employed is 14,100, and the working-age population is 24,794. What is the labor force participation rate in this economy? Please round to the nearest two decimal places and do not include the percentage sign in your answer (%). For example, if your answer is 14.587%, you would only answer 14.59.

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