Assume the following information for a country: total population of 35 million; working-age population of 27 million; 10 million are not in the labour force; 15 million are employed; 2 million are unemployed. Calculate the following to two decimal places.    a)What is the unemployment rate?     Unemployment rate= unemployed people /total labor force ( *100)             =2,000,000/ people out of labour force = 10 000000/27000000 =           b)What is the labour force participation rate?

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