Zence Style cture Advanced Gente Vocabulary Plagiarism Issues enhancement Settings About Open View Tour FAQ Premium Settings Help 2. The working age population of Cortina is 32 million, its participation rate is 75 percent, and there are 20 million employed workers. a) What is the size of the labour force? Labour force = Employed unemployed =20m +? Labour Force PR X 100 Working age LF 0.75=-X 100 32 =0.24*100 = 24 Labour force b) How many workers are unemployed? D) Focu 9 Structure enhancement | About FAQ Critical issues Premium Settings Help c) What is the unemployment rate? The below table shows the labour force data for the country of Parsha in 2016 (figures in millions): Round your answers to 2 decimal places. 4 2016 2017 2016 40 2017 40 Population D. Focus DO DX English (Canada 9 e to search et e (hp Critical issues Premium Settings Help The below table shows the labour force data for the country of Barsha in 2016 (figures in millions). Round your answers to 2 decimal places 2016 2017 2016 40 2017 40 Population Working age population 35 35 5 5 Not in working-age population 31 5.1 Labour force 4 29.9 Not in labour force 28.8 29.9 Unemployed 1.1 1.1 Employed Labour force participation % 886 Unemployment % 3.5 Suppose the only change that occurs in 2017 is that the number of retired workers increases by 1.1 (million). Complete the above table, Focus PO D English (Canada) DI to search TE & Log in Setting u Contextual Grammar Punctuation Sentence Style Spelling structure Advanced Genre Vocabulary Plagiarism Issues enhancement i About Open View TO Tour Help Critical issues Premium Settings 3. Suppose that actual real GDP in Merryland is $400 billion and its potential GDP is $120 billion. In the natural rate of unemployment is 5%, what is its present unemployment rate? I Present unemployment rate is %. Enter your response rounded to one decimal place Focus 1 words DR English (Canadal ype here to search DI hp