Information concerning the fictitious small island nation of Llamalandia is Number of employed people 270,815 given in the table. Use the information in the table to answer the Number of unemployed people 15,483 related questions. Total population over age 16 535,999 For the percentages, round your answers to two decimal places. What is the size of the labor force? labor force: How many people are out of the labor force? out of labor force: What is the unemployment rate? unemployment: What is the total labor force participation rate? participation:
Information concerning the fictitious small island nation of Llamalandia is Number of employed people 270,815 given in the table. Use the information in the table to answer the Number of unemployed people 15,483 related questions. Total population over age 16 535,999 For the percentages, round your answers to two decimal places. What is the size of the labor force? labor force: How many people are out of the labor force? out of labor force: What is the unemployment rate? unemployment: What is the total labor force participation rate? participation:
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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