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The following table contains information for the U.S. for 2001. Compute the unemployment rate and the labor force participation rate. A. Unemployment rate = 4.75
The following table contains information for the U.S. for 2001. Compute the unemployment rate and the labor force participation rate. A. Unemployment rate = 4.75 percent: Labor force participation rate = 95.25 percent. B. Unemployment rate = 4.75 percent: Labor force participation rate = 66.8 percent
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