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Use the following information to solve the three problems below: Unemployed 500 Employed 7,000 Civilian non - institutionalized adult population 11,000 1. What is the
Use the following information to solve the three problems below:
Unemployed 500
Employed 7,000
Civilian non - institutionalized adult population 11,000
1. What is the labor force for this society?
2. What is the current unemployment rate?
3. What is the labor force participation rate?
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