Suppose that you are given the followinginformation:

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Total Population 300 million

Adult, noninstitutionalized, nonmilitary population 273 million

Unemployed adults 7 million

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a. If the labor force participation rate is 72.0%, calculate the size of the labor force

million. (Enter your response rounded to one decimalplace.)

b. Determine the number of Employedadults:

million. (Enter your response rounded to one decimalplace.)

c. Calculate the Unemploymentrate:

% (Enter your response as a percentage rounded to two decimalplaces.)