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Suppose an economy is given by: Population = 279 million Working-age population = 153 million Labor force = 104 million The number of people employed

Suppose an economy is given by:

Population = 279 million

Working-age population = 153 million

Labor force = 104 million

The number of people employed = 96 million

The number of people unemployed = 8 million

The labor force participation rate for this economy is __%. (Enter your response rounded to one decimal place.)

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