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Safari File Edit View History Bookmarks Window Help Tue Jan 31 a ezto.mheducation.com 10:26 PM 00 oo Bracelets I Tiffany & Co. Designer Sunglasses for Wome... Homepage - PRINCIPLES OF M... Saved Chapter 1 - Unemployment Fla... Quiz - Business Cycles and Unemployment O QUestion 7 - Quiz - Business C... x Question 7 - Quiz - Business Cycles and Unemployment - Connect ezto.mheducation.com t Course Hero Submit Assume you have the following information about an economy: Labor Force of an Economy Population over age 16 Labor force Not in the labor force Employed Unemployed Number of People (millions) 267.80 167.00 100.80 156.60 10.40 eBook Graw Hill Instructions: Round your answers to two decimal places. a. What is the unemployment rate in this economy? b. What is the labor force participation rate? c. Suppose that 1.4 million currently unemployed workers decide to no longer actively look for work. What is the unemployment rate in this economy now? d. What is the new labor force participation rate? < Prev 7 of 10 Next reeaeeoe