Use the following information to answer the following questions. If the population is 250 million, Unemployment is 7% and the participation rate is 60%: If the unemployment rate decreases from 7% to 5%, how can the number or employed people also decrease? a. Population increased b. Labor force participation rate decreased c. Those who are unemployed stop looking for work d. Both B & C e. None of the above 2.5 points QUESTION 39 1. 1. For those without a job (unemployed), what are the 3 elements to be considered unemployed? a. a. _______________________________________________________________ b. _______________________________________________________________ c. _______________________________________________________________ 2.5 points QUESTION 40 1. 1. What are the 3 questions that all economic systems must answer? a. _______________________________________________ b. _______________________________________________ c. _______________________________________________