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Unemployment in Fairyland in 2010 was at 5.2% with a labor force of 62.44 million. Calculate the number of unemployed. What is the economic

 

Unemployment in Fairyland in 2010 was at 5.2% with a labor force of 62.44 million. Calculate the number of unemployed. What is the economic cost of unemployment, and how is this cost measured?

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