Below are some employment data from the country Commagene. 2018 2019 2020 Number of Employed Number of Unemployed Number of Out of Labor Force Unemployment rate Labor Force Participation rate 54 70 80 90 180 310 60 20% 60% a) Using the information given in the table for year 2018, find the values of x and y. b) Using the information given in the table for year 2019, find the values of a and w. c) Using the information given in the table for year 2020, find the values of p and r.
Below are some employment data from the country Commagene. 2018 2019 2020 Number of Employed Number of Unemployed Number of Out of Labor Force Unemployment rate Labor Force Participation rate 54 70 80 90 180 310 60 20% 60% a) Using the information given in the table for year 2018, find the values of x and y. b) Using the information given in the table for year 2019, find the values of a and w. c) Using the information given in the table for year 2020, find the values of p and r.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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