The Bangladesh Bureau of Statistics report that the population of the country in 2019 was 170 million of which 60% were adult. If the number of people unemployed were 30 million and the number of people NOT in the labor force were 50 million and discouraged workers were 10 million then calculate  a) unemployment rate of 2019. b) labor force participation rate of 2019. c) alternative unemployment rate of 2019.           please answer step by step.Answer must be correct.Show all calculation. please Don,t copy from anywhere. Do all part.

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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The Bangladesh Bureau of Statistics report that the population of the country in 2019 was 170 million of which 60% were adult. If the number of people unemployed were 30 million and the number of people NOT in the labor force were 50 million and discouraged workers were 10 million then calculate 

a) unemployment rate of 2019.

b) labor force participation rate of 2019.

c) alternative unemployment rate of 2019.

          please answer step by step.Answer must be correct.Show all calculation. please Don,t copy from anywhere. Do all part.

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