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Use the following information to solve these problems 1-5 Number of people unemployed = 5 Number employed = 90 Working-age population = 175 1. What

Use the following information to solve these problems 1-5

Number of people unemployed = 5

Number employed = 90

Working-age population = 175

1. What is the unemployment rate?

2. What is the employment to population ratio?

3. What is the labor force participation rate?

4.Using the following information for 2012, calculate the cost of the CPI basket:

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