Reference Source:

Textbook: -Mankiw, N. Gregory. Principles of Macroeconomics, 6th ed. Mason, OH: South-Western Cengage Learning, 2011. ISBN: 9780538453066 (hard copy); ISBN: 9781115468523 (eBook)

Q.3. Problemsand Applications: Unemployment:Chapter 15:

The Bureau of Labor Statistics announced that in April 2010, of all adult Americans, 139,455,000 were employed, 15,260,000 were unemployed, and 82,614,000 were not in the labor force. Use this information to calculate:

a. The Adult Population

b. The Labor Force

c. The Labor-Force Participation Rate

d. The Unemployment Rate

Important Note: -Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles.