If a contry has a noninstitutional population of 200 million and a labor force of 160 million and 140 million people were employed what is its labor force participation rate and unemployment rate?
If a contry has a noninstitutional population of 200 million and a labor force of 160 million and 140 million people were employed what is its labor force participation rate and unemployment rate?
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 7CQ
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If a contry has a noninstitutional population of 200 million and a labor force of 160 million and 140 million people were employed what is its labor force participation rate and
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