The following Information is given for an economy: 11 Labor Force of an Economy Number of People

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The following Information is given for an economy: 11 Labor Force of an Economy Number of People (millions) Total population 48. 3 6 Children under the age of 16 8. 8 points Retirees B. B Employed 24. 8 Unemployed 2. 6 Not actively seeking employment 3.3 Homemakers 0.8 eBook Instructions: Round your answers to one decimal place. References a. How much of the population is older than 16? million b. What Is the size of the labor force? million c. What Is the labor force participation rate? %

Posted Date: Jun 21, 2024 10:04 PM

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The following Information is given for an economy: 11 Labor Force of an Economy Number of People

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