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Year 1 Year 2 Employment (households survey) 5,100 5,200 Labor Force 6,000 6,100 Population 10,000 10,200 Calculate the number of unemployed people each year. Calculate
| Year 1 | Year 2 | |
|---|---|---|
| Employment (households survey) | 5,100 | 5,200 |
| Labor Force | 6,000 | 6,100 |
| Population | 10,000 | 10,200 |
- Calculate the number of unemployed people each year.
- Calculate the unemployment rate in each year.
- Calculate the labor force participation rate in each year.
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Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
