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Suppose the working - age population of an economy falls into the following categories: ( 1 ) 9 0 are retired, homemakers or full
Suppose the workingage population of an economy falls into the following categories: are retired, homemakers or fulltime students; have fulltime jobs; have no jobs but actively look for jobs; and have no jobs, would like to have jobs, but are not actively looking for jobs.
Based on the above information, the unemployment rate is
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