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Suppose that an economy has 10 million people working full time and another 2 million people actively seeking work. An additional 1 million people had
Suppose that an economy has 10 million people working full time and another 2 million people actively seeking work. An additional 1 million people had been unemployed, but they have become discouraged by the poor state of the economy and have given up looking for work. What's the size of the economy's labor force? A. 13 million people B. 7 million people C. 8 million people D. 12 million people
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