Calculate the requested piece of information using the following information - show your calculations. A) Civilian, labor, force, using 1) population: 300,000,000 (civilian, non-institutional) 2) participation rate: 75.0%. 3) employed: 200,000,000 people 4) unemployed: 25,000,000 people

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 23CTQ: Demography can have important economic effects. The United States has an aging population. Explain...
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Calculate the requested piece of information using the following information - show your calculations. A) Civilian, labor, force, using 1) population: 300,000,000 (civilian, non-institutional) 2) participation rate: 75.0%. 3) employed: 200,000,000 people 4) unemployed: 25,000,000 people 
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